The following article by Glenn Kessler was posted on the Washington Post website February 9, 2017:
“Frankly, I have so many people, friends of mine that have nice businesses that can’t borrow money, they just can’t get any money because the banks just won’t let them borrow because of the rules and regulations in Dodd-Frank.”
— President Trump, remarks at strategy and policy forum, Feb. 3, 2017 Continue reading “Trump’s claim that friends ‘can’t borrow money’ because of Dodd-Frank”
The following article by James Rufus Koren was posted on the L.A. Times website February 3, 2017:
President Trump signed an executive order Friday that calls for his administration to review the landmark Dodd-Frank Wall Street Reform Act, with an eye toward revising or eliminating parts of the 2010 law.
An administration official told reporters that the law “in many respects was a piece of massive government overreach” and that some of the rules within the law, passed in the wake of last decade’s financial crisis, “may have even been unconstitutional.” Continue reading “Here’s what’s at stake as Trump moves to unravel Dodd-Frank”
