Dismantling Dodd-Frank Act Finally Comes as Trump Signs Executive Order

[kreslik.news]

After the White House’s National Economic Council Director made it very clear this morning that the new administration wants Congress to dismantle the financial regulatory act known as Dodd-Frank, the U.S. President today signed an executive order to review the act that was signed into law by President Barack Obama in 2010.

Donald Trump said the move was necessary because the regulations were too onerous on business and hurting the economy.

“We expect to be cutting a lot out of Dodd-Frank, because frankly I have so many people, friends of mine, that have nice businesses and they can’t borrow money. ... (read more)