Donald Trump condemned over bid to ‘kill’ Obama law aimed at stopping another global financial crash
‘Democrats have condemned Donald Trump for championing a bid to “kill” regulations imposed on banks following the financial crisis in 2008.
The US President celebrated after Republicans in the House of Representatives approved the Financial Choice Act, which would end government bailouts for banking giants and ease restrictions on their investment activity.
The bill is designed to undo the Dodd-Frank Act, which was signed into law by former US President Barack Obama in 2010 in an attempt to reform Wall Street and protect consumers in the wake of the worst financial crash since the Great Depression.’
Read more: Donald Trump condemned over bid to ‘kill’ Obama law aimed at stopping another global financial crash
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