Trump moves to roll back financial regulation
President Donald Trump took the first step Friday to undoing key reforms enacted after the 2008 financial crisis, aiming to scale back toughened regulations on the banking industry. The initiative aims to scrap parts of the so-called Dodd-Frank law, which backers say is aimed at curbing the actions of the finance sector that led to the "Great Recession," but which critics claim creates red tape that stifles the industry. "We expect to cut a lot out of Dodd-Frank," Trump said at a White House mee
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