Trump just signed an executive order targeting the Dodd-Frank financial crap bill passed by Democrats:
— Fox News (@FoxNews) February 3, 2017
President Trump signs executive order to direct Treasury secretary to review the 2010 Dodd-Frank financial overhaul. https://t.co/3EFxxlfydD
— The Associated Press (@AP) February 3, 2017
President Donald Trump has signed an executive order that will direct the Treasury secretary to review the 2010 Dodd-Frank financial overhaul.
It’s Trump’s first step at scaling back regulations on financial services.
Trump has called the law a “disaster” and said it failed to address some of the causes of the 2008-2009 financial crisis.
The president has also signed a presidential memorandum related to retirement planning. The administration’s move will delay implementing an Obama-era rule that requires financial professionals who charge commissions to put their clients’ best interests first when giving advice on retirement investments.