Post-Election Outlook – Key Issues Affecting Insurers

Donald Trump's election to the presidency, together with Republican retention of control of both houses of the 115th Congress, could signal consequential changes in a number of key areas of regulation affecting insurance. The two political branches of the federal government revert to full Republican control for the first time since January 2007, although with 48 seats in the Senate, the Democrats will retain the ability to filibuster legislation.

Dodd-Frank Act

President-elect Trump has consistently criticized the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank") in his campaign, and his administration's transition website pledges to work to "dismantle the Dodd-Frank Act and replace it with new policies to encourage economic growth and job creation."