Jim Cramer on Trump's Reported SEC Pick

Trump favors deregulation, but Jim Cramer doesn't know how much deregulation will take place.
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TheStreet's Jim Cramer discussed Donald Trump's reported pick for the Securities and Exchange Commission , Debra Yang. A former U.S. Attorney, Yang is currently in private practice as an attorney. Cramer also commented on what to expect from the Trump administration's take on regulation. "Trump favors deregulation, but I don't know how much deregulation will be there," Cramer said.