Part 3/10:
With Donald Trump’s administration raising questions about trade tariffs and deregulation, Ermotti expressed cautious optimism. He believes that an administration focused on easing geopolitical tensions and simplifying regulations could lead to a better business environment for banks. However, he also noted the potential dangers posed by tariffs, which could counterbalance any positive regulatory changes Domestically, Ermotti considers that while some deregulation is beneficial, it should not come at the expense of larger banks that successfully supported economies during crises.