Not sure who this is supposed to help unless you are an unscrupulous financial advisor

The established causes of the 2008 economic collapse seem lost on Trump and his henchmen

from NPR ...

President Trump signed two directives on Friday, ordering a review of financial industry regulations known as Dodd-Frank and halting implementation of a rule that requires financial advisers to act in the best interests of their clients, according to a senior administration official who briefed reporters on condition of anonymity.

Trump himself made his intentions clear in a meeting with small business owners Monday. "Dodd-Frank is a disaster," Trump said. "We're going to be doing a big number on Dodd-Frank."

Trump Takes Aim At Dodd-Frank, Investor Protections Rule In Executive Action

jbr's picture

Janet Yellen debunks Trump's case for killing Dodd-Frank

Asked during Tuesday's U.S. Senate hearing if there's any truth to claims that banks aren't lending, Yellen said an "extremely low number" of small businesses complained of access to credit as their main problem.

The Fed chief quickly rattled off numbers from a National Federation of Independent Businesses survey showing that just 4% of respondents are unable to get the loans they need.

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