Archive

DODD-FRANK OR NO DODD-FRANK?

Another Order was signed by President Trump on Friday, February 3rd that may have a substantial impact on those of us in the financial services industry, or at least we think it might, maybe, possibly? After a White House meeting with business executives on Friday, Mr. Trump signed a directive calling for a rewriting of major provisions of the Dodd-Frank Act, crafted by the Obama administration and passed by Congress in response to the 2008 […]

TRUMP TO ELIMINATE REGULATIONS

On January 30 President Trump signed an Executive order that states, among other items: Whenever an executive department or agency (agency) publicly proposes for notice and comment or otherwise promulgates a new regulation, it shall identify at least two existing regulations to be repealed; The total incremental cost of all new regulations, including repealed regulations, to be finalized this year shall be no greater than zero, unless otherwise required by law or consistent with advice provided in writing […]