News in Systemic Risk: Tuesday, May 2, 2017 (10 a.m. ET) May 2, 2017 Will Trump ‘Do a Big Number’ on the Big Banks? (NYT) Jay Clayton Moves a Step Closer to Being SEC Chairman (WSJ) Working Paper Series: If the Fed sneezes, who catches a cold? (ECB) Occasional Paper Series: The use of the Eurosystem’s monetary policy instruments and operational framework since 2012 (ECB)