President Donald Trump, “There will be controls…but it will be normalized controls.”

President Donald Trump, “There will be controls…but it will be normalized controls.”

President Donald Trump, “There will be controls…but it will be normalized controls.”

“There will be regulation, there will be controls, but it will be normalized controls,” Trump said as he signed the order in the Oval Office, surrounded by a group of small business owners.

US President Donald Trump, a businessman turned politician, campaigned on a promise to reduce federal regulations that burdenens American businesses.

During a meeting with the small business owners Monday, President Trump said regulations are keeping businesses from expanding and banks from lending money.

“Dodd-Frank is a disaster. We’re going to be doing a big number on Dodd-Frank,” he said, referring to the Y 2010 Wall Street reform law.

Consumer groups and environmentalists slammed the push to peel back regulations, arguing that it would block important protections for the public.

Major regulations are typically reviewed by the White House’s Office of Management and Budget (OMB) before they are issued.

President Trump has tapped US Representative Mick Mulvaney (R:SC) to lead the OMB.

Trumpeting for Trump

 

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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