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Trump to hammer nail in coffin of Basel capital standards, economist says

By Neil Roland ( November 11, 2016, 03:09 GMT | Insight) -- President-elect Donald Trump will join European regulators in easing implementation of Basel III capital standards, marking the end of the post-crisis period in which stringent oversight was coordinated internationally, a prominent economist said. "All the financial regulations will be rolled up and tossed into the wind," said Simon Johnson, an MIT management professor who was chief economist of the International Monetary Fund.President-elect Donald Trump will join European regulators in easing implementation of Basel III capital standards, marking the end of the post-crisis period in which stringent oversight was coordinated internationally, a prominent economist said....

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