President Donald Trump told a group of chief executives on Tuesday that his administration was reducing regulations and revamping the Wall Street reform law known as Dodd-Frank, which might be eliminated and replaced with “something else.”
“We’re going to reduce taxes, we’re going to eliminate wasteful regulations,” Trump said at a meeting attended by corporate leaders and members of his cabinet.
Trump previously ordered reviews of the major banking rules that were put in place after the 2008 financial crisis.
REUTERS
