U.S. Consumer Financial Protection Bureau

Trump targets key Dodd-Frank financial regulations and taxes in new executive actions

Trump targets key Dodd-Frank financial regulations and taxes in new executive actions

President Trump, who has vowed to dismantle the landmark Dodd-Frank financial reform law, will take aim at two of its pillars on Friday.

During an appearance at the Treasury Department, Trump is scheduled to sign two presidential memos ordering six-month reviews of the 2010 law’s authority for regulators to designate large firms as a risk to the financial system and to try to shut them down with minimal collateral damage if they’re on the verge of failing, the White House said.

Trump also will sign an executive order directing Treasury Secretary Steven T. Mnuchin to review significant changes to the tax code made last year to determine if they “impose an undue financial burden...

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