Watch Live: Trump Signs Executive Orders On Corporate Inversions and Dodd-Frank Regulations

Jon Alternative Media, Blogosphere, Economy, Government

As pressure mounts on Trump to post some victories within the totally arbitrary window of the “First 100 Days” of his administration, the President just joined Treasury Secretary Steven Mnuchin to sign a combination of executive orders and memos targeting the reduction of tax regulations and certain components of Dodd-Frank. As we noted earlier, the executive orders and memos signed today are expected to (i) initiate a review and potential unwind of executive orders signed by Obama in 2016 to limit corporate inversions and (ii) initiate a thorough review of the orderly liquidation authority granted to the Federal Deposit Insurance Corp. (FDIC) under Dodd-Frank.
TRUMP: THIS REGULATORY REDUCTION IS FIRST STEP TO TAX REFORM TRUMP: 2 DIRECTIVES WILL REVIEW DAMAGE OF DODD-FRANK REGS MNUCHIN: WE’RE FOCUSED ON ACHEIVING COMPREHENSIVE TAX REFORM MNUCHIN: REVIEW IS THOROUGH AND WILL DELIVER FINDINGS IN JUNE MNUCHIN: WE’LL SEE IF FSOC AND OLA RULES IN PLACE MAKE SENSE

This post was published at Zero Hedge on Apr 21, 2017.