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1,000 Cuts to Dodd-Frank: Tracking Trump’s Wave of Deregulation
Bloomberg, May 24, 2018–Yalman Onaran (subscription)
Trump signed into law on Thursday a bill that provides community and regional banks with relief, exempting them from significant oversight. Last year, he pledged to “do a big number” on the 2010 Dodd-Frank Act, the bedrock law enacted to prevent a future financial meltdown. Yet the latest move is relatively restrained, leaving most of the act intact.