John Allison on scaling back Dodd-Frank on Varney & Co. on Fox Business News
January 24, 2019 | by Michele Hartle
John Allison, Executive-in-Residence of the BB&T Center for the Study of Capitalism, appeared on Varney & Co. on Fox Business News to discuss why rolling back some Dodd-Frank regulations is a positive step.
Mr. Allison linked Dodd-Frank regulations with the stifling of innovation at the community level. He discussed how housing inflation drives people into the rental market and that the Fed has a real challenge to undo some of the excesses without creating a correction.
Mr. Allison has been an executive-in-residence with the BB&T Center for the Study of Capitalism at Wake Forest University since November 1, 2015. His main roles have been to mentor students, guest-lecture in classes, and give public lectures. As executive-in-residence, Mr. Allison has helped foster Wake Forest’s student-centered educational mission. His leadership has been invaluable in helping the BB&T Center implement its mission of critically evaluating the role of capitalism in a humane and just society. His extensive real-world experience in business and banking has enabled him to provide insight to students into the crucial role honorable business plays in fostering a prosperous society. Prior to his current position, Mr. Allison was the CEO of the Cato Institute following a career at BB&T that culminated in his outstanding performance as chairman and CEO.
More information regarding Mr. Allison and his media availability should be directed to the Marketing and Communications Team in the Wake Forest Business School.