Reagan.Community Reinvestment Act
In 1995 Clinton loosened housing rules
What Is Economic Deregulation?
Deregulation of Financial Markets Under George Bush
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Economist Richard Parker traces America's current financial deregulation back to 1982. During the early years of Ronald Reagan's presidency, the demand for loans from banks was low and the banking industry worried about lost profits. In order to cater to the banking industry's perceived needs, the Reagan administration passed numerous deregulatory policies. These policies loosened up the rules for giving out loans. That means banks could now offer loans to people with less money, fewer assets and less ability to pay off the loans.