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2/04/2017 6:11 pm  #1


Call to Trumpers

Please. Without insults, name-calling, or "Why bother",,,,
explain to me how this helps you and me.


Trump Moves to Roll Back Obama-Era Financial Regulations

President Trump on Friday moved to chisel away at the Obama administration’s legacy on financial regulation, announcing steps to revisit the rules enacted after the 2008 financial crisis and to back away from a measure intended to protect consumers from bad investment advice.

After a White House meeting with executives from Wall Street, Mr. Trump signed a directive aimed at the Dodd-Frank Act, crafted by the Obama administration and passed by Congress in response to the 2008 meltdown. He also signed a memorandum that paves the way for reversing a policy, known as the fiduciary rule, that requires brokers to act in a client’s best interest, rather than seek the highest profits for themselves, when providing retirement advice.

The executive order affecting Dodd-Frank is vague in its wording and expansive in its reach. It never mentions the law by name, instead laying out “core principles” for regulations that include empowering American investors and enhancing the competitiveness of American companies. Even so, it gives the Treasury the authority to restructure major provisions of Dodd-Frank, and it directs the Treasury secretary to make sure existing laws align with administration goals.

Mr. Trump’s action on the fiduciary rule, which Democrats and consumer groups immediately denounced as a gift to Wall Street, could have a more concrete impact. His memorandum directs the Labor Department to review whether the rule may “adversely affect” investors’ ability to access financial advice — and if it does, it authorizes the agency to rescind and revise the rule.

https://www.nytimes.com/2017/02/03/business/dealbook/trump-congress-financial-regulations.html?_r=0


We live in a time in which decent and otherwise sensible people are surrendering too easily to the hectoring of morons or extremists. 
 

2/05/2017 10:37 am  #2


Re: Call to Trumpers

Please tell me why any as you say "Trumpers" would respond to this?  All you are look for is any reason to start some type of skirmish and then spin it to never ending nonsense.


 


 “We hold these truths to be self-evident,”  former vice president Biden said during a campaign event in Texas on Monday. "All men and women created by — you know, you know, the thing.”

 
 

2/05/2017 10:39 am  #3


Re: Call to Trumpers

Common Sense wrote:

Please tell me why any as you say "Trumpers" would respond to this?  All you are look for is any reason to start some type of skirmish and then spin it to never ending nonsense.


 

I'm asking you to do the exact opposite. 
Please break with your habit of attacking the people here who offer criticism, and discuss Trump's actions.
So, let's see you put together an argument explaining why this is good for the working man.

Last edited by Goose (2/05/2017 10:39 am)


We live in a time in which decent and otherwise sensible people are surrendering too easily to the hectoring of morons or extremists. 
     Thread Starter
 

2/05/2017 10:43 am  #4


Re: Call to Trumpers

So, the topic of the Thread is Trump's EO on Dodd-Frank, and the fiduciary rule.
The floor is yours.


We live in a time in which decent and otherwise sensible people are surrendering too easily to the hectoring of morons or extremists. 
     Thread Starter
 

2/06/2017 7:23 am  #5


Re: Call to Trumpers

Well, the silence was completely unsurprising,,,,,


We live in a time in which decent and otherwise sensible people are surrendering too easily to the hectoring of morons or extremists. 
     Thread Starter
 

2/06/2017 7:53 am  #6


Re: Call to Trumpers

They would first have to research what Dodd-Frank actually is ! 


"Do not confuse motion and progress, A rocking horse keeps moving but does not make any progress"
 
 

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