Trump plans to dismantle Dodd-Frank Act

Trump’s plans for the first days of his term as president are being revealed on a website. One of the main planned actions is to ‘dismantle’ the Dodd-Frank Wall Street Reform Act.

The website calls Dodd-Frank a “sprawling and complex piece of legislation that has unleashed hundreds of new rules and several new bureaucratic agencies”.

The website adds further that, “The proponents of Dodd-Frank promised that it would lift our economy. Yet now, six years later, the American people remain stuck in the slowest, weakest, most tepid recovery since the Great Depression”.