Saturday, May 26th, 2018

Trump’s order for the revision of US financial regulatory laws and regulations disappoints Sanders

Published on February 6, 2017 by   ·   No Comments

President Donald Trump on Friday signed an executive order for a review of U.S. financial regulatory laws and regulations, and he is expected to make a lots of editing in 2010 regulatory revisions known as Dodd-Frank.
Former presidential candidate Sen. Bernie Sanders does not support Trump’s move against Dodd-Frank.
Trump had a meeting with business leaders, including executives of Wall Street firms and mentioned that he has many friends who have business but they can’t lend money from banks because the laws of Dodd-Frank does not allow them to borrow money from banks. Sanders storngly opposed this decision of Trump and called him fraud. at a Minneapolis campaign rally Trump said that he want the Americans to support him by their votes if they are of a government that works for Wall Street and for special interests but not for the people. Sanders opposed the president Trump and mentioned that the Trump failed to keep his words that he is the only Republican [who’s] not going to cut Social Security, Medicare and Medicaid,’ and then he appointed all of those officers who are going to cut Social Security, Medicare and Medicaid.

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