Donald Trump moves to roll back Obama-era financial regulations that curbed banks and protected consumers after credit crisis

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‘Donald Trump has signed another two executive orders to review and roll back financial industry regulations which were imposed by former President Barack Obama after the financial crisis.

“Today we’re assigning core principles for regulating the United States’ financial system,” the President said to reporters, seated at his desk in the Oval Office.

“It doesn’t get much bigger than that, right?”

With one swoop of his pen, Mr Trump ordered a review of a cornerstone of Barack Obama’s legacy, a law that sought to curb Wall Street’s loans and risk-taking – activities which arguably led up to and exacerbated the 2008 credit crisis.’

Read more: Donald Trump moves to roll back Obama-era financial regulations that curbed banks and protected consumers after credit crisis