President Donald Trump signed an executive order Friday scaling back the sweeping 2010 Dodd-Frank financial regulatory framework enacted under his predecessor as a direct response to the financial crisis. In taking aim at Dodd-Frank, the new administration is targeting a broad range of financial reforms, from bank rules about speculating with customer funds to consumer protections from predatory debt collection practices and forced arbitration. On Monday, Trump called Dodd-Frank a 'disaster' and pledged to soon 'do a big number' on the law aimed at reforming the way Wall Street does business.
from NBC News Top Stories http://ift.tt/2kxUOWj
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