Bloomberg via Youtube


Feb.23 — When Donald Trump interviewed Jay Clayton to be his chief securities regulator in December, the then-president elect was fixated on the steep decline in U.S. initial public offerings. During the meeting, Trump even cited statistics on the drop, which started two decades ago, said people familiar with their discussion. The conversation showed Trump’s eagerness for the SEC to focus on promoting growth, after it has spent years layering tough rules on Wall Street and other industries. Bloomberg’s Jesse Westbrook has more on “Bloomberg Markets.”

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