Magazine March 6, 2017, Issue

Fixing Finance, Still

President Donald Trump signs an executive order to initiate a review of financial regulations, February 3, 2017. (Aude Guerrucci/MediaPunch/IPX/AP Images)
Replace Dodd-Frank with something that will work

Two weeks into his term, President Trump took on the Dodd-Frank law, President Obama’s 2010 attempt to reform the financial industry. “We expect to be cutting a lot out of Dodd-Frank,” the president said on February 3. The same day, he signed an executive order directing regulators to look through the nation’s financial laws to determine whether they conform to several key principles he has set out, including that they must “prevent taxpayer-funded bailouts.”

Trump is correct to revisit Dodd-Frank. This is a good example of his overall predicament: To right a private sector that has suffered from decades of government

In This Issue

Articles

Features

Books, Arts & Manners

Sections

Politics & Policy

Poetry

IMAGE Between the sunset and the window shade, The maple leaves were quaking in the wind. I saw the shaken shadows that they made As if in fear — as if they were afraid That ...
Politics & Policy

Letters

The Importance of NATO To the paragraph about President Trump’s getting NATO mostly wrong (the Week, February 6), I would add the following: Yes, Article 5 has been invoked by NATO ...
Politics & Policy

The Week

‐ Honestly, we do kind of wonder whether he told Flynn, “You’re fired!” ‐ National Security Adviser Michael Flynn was ousted. He had told Vice President Mike Pence that he hadn’t ...

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