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Gary Cohn

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3 Feb, 2017

Trump will water down Dodd-Frank

Rumor/unconfirmed0 Comments

President Trump will sign an executive order to water down the 2010 Dodd-Frank financial regulatory framework put into effect in response to the financial crisis. White House National Economic Council Director Cohn:

Americans are going to have better choices and Americans are going to have better products because we’re not going to burden the banks with literally hundreds of billions of dollars of regulatory costs every year.