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Trump’s Assault on Bank Regulations

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Trump Issues Orders to Roll Back Bank Regulations Adopted in the Wake of the 2008 Wall Street Crash

By Barry Grey

World Socialist Web Site 4 February 2017

President Donald Trump signed executive directives on Friday initiating a sweeping rollback of regulations on banks and financial brokers enacted under the Obama administration following the Wall Street crash of 2008.

Trump’s actions target in particular the 2010 Dodd-Frank bank regulations and a Labor Department rule set to take effect in April r

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