Home Business Trump Plans to Undo Dodd-Frank Law, Fiduciary Rule (Video)

Trump Plans to Undo Dodd-Frank Law, Fiduciary Rule (Video)

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President Trump speaks at a White House meeting with executives and union representatives from Harley-Davidson Inc. on Thursday. (Win McNamee / POOL / EPA)

President Donald Trump continues his blistering pace in issuing executive orders as promised during the campaign.  Published reports say today, the president “will sign executive orders on Friday to review the Dodd-Frank Wall Street reforms and halt a Labor Department rule designed to curb potential conflicts among brokers who give retirement advice, a senior White House official told Reuters.

Fox BusinessTrump Moves to Undo Dodd-Frank Law

President Donald Trump on Friday plans to sign an executive action to scale back the 2010 Dodd-Frank financial-overhaul law, in a sweeping plan to dismantle much of the regulatory system put in place after the financial crisis.

Mr. Trump also plans another executive action aimed at rolling back a controversial regulation scheduled to take effect in April that critics have said would upend the retirement-account advisory business.

PoliticoTrump plots overhaul of financial market rules

It marks the first time the new administration has weighed in substantively in the debate over how to regulate the world’s largest financial markets.

President Donald Trump will back sweeping changes to U.S. financial regulations on Friday, providing a boost to congressional Republican efforts to gut rules put in place after the 2008 crisis that they say have stifled growth.

LA TimesTrump to order review of Dodd-Frank financial regulations, suspend retirement advisor rule

President Trump will take aim at financial regulations on Friday, ordering a review of the Dodd-Frank Wall Street reform law that could lead to major changes and suspending a conflict-of-interest rule for retirement advisors before it goes into effect this spring, according to a senior administration official.

Trump will be targeting major initiatives of the Obama administration that Republicans have strongly opposed.

Wall Street JournalDonald Trump Plans to Undo Dodd-Frank Law, Fiduciary Rule

President Donald Trump on Friday plans to sign an executive action that establishes a framework for scaling back the 2010 Dodd-Frank financial-overhaul law, part of a sweeping plan to dismantle much of the regulatory system put in place after the financial crisis.​

Mr. Trump also plans another executive action aimed at rolling back a controversial regulation scheduled to take effect in April that critics have said would upend the retirement-account advisory business.

BloombergTV: President Donald Trump will move today to halt a fiduciary rule enacted by the Obama Administration while taking the first steps on repealing or replacing Dodd-Frank legislation. Bloomberg’s Kevin Cirilli reports on “Bloomberg Surveillance.”