$25 BILLION: Trump's plan to cut Wall Street regulation is going to have a big impact
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Donald Trump isn't shy to tout his distaste of regulations.
Since he kicked off his presidential campaign in June 2015, Trump has derided Obama-era financial regulations as "bad for business" and responsible for America's slow-growing economy.
He even promised to eliminate two regulations for every one enacted during his tenure as president.
Most Wall Streeters views Trump's anti-regulatory stance as a tailwind for the financial services industry.
Octavio Marenzi is the CEO of Opimas, a management consultancy firm focused on capital markets. He told Business Insider that Trump's victory was an early Christmas present for banks and other financial firms.
"His win signaled that most of the financial regulations and requirements on the books today will for the most part be scaled back to what they were before the financial crisis," Marenzi said.
"This isn't necessarily going to translate into a golden age for banks, but it will be a normalization of the business environment. They've been battered by regulations and now we are finally going to see a more healthy environment," he said.
"Our analysis shows that efforts to deregulate could redirect more than $25 billion in capital in the financial services industry over the course of the next 18-24 months," Opimas cofounder Medy Agami added.
Business Insider breaks down the four regulatory actions Opimas think Trump will take and the degree to which they will benefit Wall Street:
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