Tuesday, February 7, 2017

Lawyers say Trump executive order does not overhaul Dodd-Frank

President Donald Trump’s executive order to begin the rollback of the Dodd-Frank Wall Street Reform Act doesn’t do much by itself, lawyers say. Rather than an outright demolition of existing financial regulations, the order mostly points to an ongoing legislative effort championed by the House Financial Services Committee chairman to replace Dodd-Frank with a Republican alternative.

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