In the Margins

Trump calls for Dodd-Frank overhaul

June 13, 2017

By Bloomberg

The Trump administration has called on the government to ease, but not eliminate, many of the restrictions imposed the Dodd-Frank Act. The changes urge federal agencies to re-write scores of regulations that bankers have frequently complained about in the seven years since the passage of the Dodd-Frank Act. They include adjusting the annual stress tests that assess whether lenders can endure economic downturns, loosening some trading rules, and paring back the powers of the watchdog that polices consumer finance. Read the original story from Bloomberg.