President Trump's Review of Dodd-Frank Won't Be Complete by June
President Donald Trump has promised to overhaul the financial reform law that was brought in by the Obama administration.
The Trump Administration's review into the 2010 Dodd-Frank reform law won't be complete by June.
President Donald Trump has promised to overhaul the financial reform law that was brought in by the Obama administration.
Dodd-Frank restricted the ability of banks to use customers' money to make speculative bets. The law also created consumer protections following the financial crisis.
Trump ordered his Treasury Secretary to review the law by June. However, staffing problems will make it difficult to meet that target. Instead of being laid out in one document, it is now likely that the review will be split into several reports.
This article was written by a staff member of TheStreet.
