Is Donald Trump Right That Banks Can’t Lend?
Wall Street Journal, Nov. 14, 2016–Reilly, David; Demos, Telis
Donald Trump wants to spur bank lending by dismantling the 2010 Dodd-Frank regulatory overhaul. That again raises the question of whether banks in the wake of the financial crisis are unable or unwilling to lend, holding back economic recovery, or if the problem is that borrowers haven’t wanted to borrow more.
