He received praise in his final years as BB&T’s top executive for his opposition to the use of eminent domain for some public development projects, and to accepting Troubled Asset Relief Program funding from the U.S. Treasury.

BB&T eventually took $3.1 billion in TARP money after some arm-twisting by regulators, but it was one of the first large banks to repay the obligation.

Allison has been very vocal in opposing most of the heightened financial services regulations established by the Dodd-Frank Act, such as putting strict capital requirements on banks, requiring semiannual stress test evaluations for how the banks would handle a severe economic downturn and creating the Consumer Financial Protection Bureau.

Trump has identified the act as one he plans to aggressively target, if not gut, as part of easing regulatory burdens on banks.

BB&T, however, has benefited from the act since Allison’s retirement through buying banks willing to sell, most notably National Penn Bancshares Inc., because of the higher costs of adhering to the new regulations.

Those same attributes have some financial analysts saying Allison might be a better fit with the Federal Reserve. He has spoken out against its inflationary policies.