Voice of San DiegoIndependent & Insightful
SEARCH
Make us your homepage  |  Sign-up for the free E-Mail Newsletter  
Latest Letters
Letters: City Government
Letters: Education
Letters: General
Letters: Mayoral Race
Letters: Redevelopment
Letters: Transportation
Home
About Us
Ask a Question
Submit Letters
Sections
Archives
Arts & Culture
Border Issues
Business
Cartoons
Contributing Voices
Daily Buzz
Education
Environment
Government
Health
Housing
Letters to the Editor
Lifestyle
Local Events
Mayoral Race
Partners
People
Regional Talk
SD in the News
Single in San Diego
Sports
Technology
Transportation
Apr 20, 8:54 PM EDT

Trump to sign measures to review financial regulation


WASHINGTON (AP) -- President Donald Trump is continuing to target a law meant to stop banks from growing "too big to fail."

The president will travel to the Treasury Department Friday to sign three measures.

One memorandum will order the treasury secretary to review a component of the 2010 Dodd-Frank financial reform law that allows federal regulators to liquidate large, failing financial firms during a financial crisis as an alternative to bankruptcy.

Another will order Treasury to review a process that designates which non-bank firms could threaten the financial system if they fail. Critics argue the process is costly and arbitrary.

Trump is also set to sign an executive order directing the treasury secretary to review significant tax regulations issued in 2016 to determine if any impose an undue burden on taxpayers.

© 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Learn more about our Privacy Policy and Terms of Use.

HomeAbout UsSite MapContact UsCopyrightPrivacy Policy

SITE DESIGN:  HOLLIS BRAND COMMUNICATIONS