New Trump orders target Obama-era financial regulations

(RT) President Donald Trump signed two presidential memoranda aimed at scaling back or repealing finance regulations put in place by the Obama administration – the 2010 Dodd-Frank law, and the 2017 fiduciary rule that has not yet gone into effect.

Trump has instructed the Treasury department to consult with federal regulatory agencies and the Financial Stability Oversight Council, and report back to the White House on potential changes that could be made to Dodd-Frank, a landmark legislation enacted by the Obama administration in 2010.

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