NYTimes: Trump Moves to Roll Back Obama-Era Financial Regulations

Trump Moves to Roll Back Obama-Era Financial Regulations https://nyti.ms/2kxMp5r

Trump signed a directive aimed at the Dodd-Frank Act, crafted by the Obama administration and passed by Congress in response to the 2008 meltdown. He also signed a memorandum that paves the way for reversing a policy, known as the fiduciary rule, that requires brokers to act in a client’s best interest, rather than seek the highest profits for themselves, when providing retirement advice.

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