Trump Begins to Chip Away at Banking Regulations

Prior to a meeting with his economic advisory council on Friday morning, President Donald Trump held a briefing to set the agenda for it. "There's nobody better to tell me about Dodd-Frank than Jamie," Trump said, referring to 2010's Dodd-Frank Act, the single most visible legislative consequence of the banking crisis, and also to J.P. Morgan's CEO, Jamie Dimon, with whom he would later meet to discuss regulation. "We expect to be cutting a lot out of Dodd-Frank," Trump said. "I have so many people, friends of mine, with nice businesses, they can't borrow money, because the banks just won't......(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web http://ift.tt/2k53NuX
via IFTTT