Trump to sign measures to review financial regulation
WASHINGTON - 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.
Desktop NewsClick to open Continuous News in a sidebar that updates in real-time.
Deputies: Denham Springs man found hiding in teen's closet charged with multiple...
Mayor's office says ATC will honor opt-in status for EBR, bars can...
Fence company owner apologizes, plans to answer to warrants
State health officials brace for troublesome cold, flu season amid coronavirus pandemic
Bar owners disciplined for violating restrictions plead for state to lift suspensions
Recruiting look at local WR's Chris Hilton and Brian Thomas
Friday Night Blitz: Week 1 09-25-2020
LSU changing the recruiting game with prospect led visits
LSU football returns Saturday with no tailgating, 25% capacity in Death Valley
What you need to know before you geaux to Tiger Stadium