“Dodd-Frank is a disaster. We're going to be doing a big number on Dodd-Frank,” President Trump said in a meeting on cutting small-business regulations. By CNBC on Publish Date January 30, 2017. Photo by CNBC. Watch in Times Video ». embed.
It is the height of hypocrisy for Republicans to now be wasting time attacking rules signed by the former president, which went through a rigorous vetting process.
This will be the largest cut ever, by far, in terms of regulation.
What they're doing is responding to a narrow interest within the industry that is trying to be secretive.
Republicans on the Financial Services Committee are eager to work with the president and his administration to unclog the arteries of our financial system so the lifeblood of capital can flow more freely and create jobs.
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