President Trump signed an executive action on Friday to dismantle parts of the 2010 Dodd-Frank financial regulations put in place to prevent another financial crisis. Another roll-back targets a rule that requires financial advisers who oversee more $3 trillion in assets to act in the best interest of their clients. On Thursday, the Senate voted to repeal a rule preventing coal companies from dumping mining waste into streams.
Here & Now‘s Robin Young talks with Bloomberg’s Mike Regan ( @Reganonymous) about the reversals and what they mean for banking and business.
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