On Friday, February 3, President Donald Trump signed two executive orders rolling back provisions of the 2010 Dodd-Frank Act, a signature achievement of the Obama administration that was passed in response to the financial crisis that began in 2008. Michael Barr, a former assistant Treasury secretary and one of the architects of the Obama-era financial reform, has been quoted in numerous media outlets since the signing of these executive orders.
"President Trump made it clear he wanted to dismantle the Dodd-Frank Act and this is the first salvo in attempting to do so," Barr told NBC News. "I think this is really an attempt at a broad-based assault even on rules that were strongly bipartisan."
Barr's expertise on Dodd-Frank and financial regulation has been cited in a variety of stories this week. For more, read:
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"Trump begins dismantling Obama financial regulations," by Matt Egan, for CNN Money (Feb. 3);
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"Dodd-Frank financial regulations watered down as Trump signs executive orders," by Martha White, for NBC News (Feb. 3);
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"5 ways Dodd-Frank has benefited you," by Aimee Picchi, for CBS News (Feb. 3);
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"Here's what everybody is getting wrong about changes to banking rules," by Jeff Cox, for CNBC (Feb. 3);
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"Trump signs executive action to roll back some financial regulations," by John Ydstie, for NPR (Feb 3);
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"Trump launches attack on banks’ financial restraints," by Jill Colvin and Marcy Gordon, for The Detroit News (Feb. 3);
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"Trump cites friends to say banks aren’t making loans. They are." by Zeke Faux, Yalman Onaran, and Jennifer Surane, for Bloomberg (Feb. 4);
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"People keep comparing Trump to a legendary US president — but all they share is a fatal flaw," by Linette Lopez, for BusinessInsider (Feb. 7); and,
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"The GOP just gave Exxon Mobil a gift," by Linette Lopez, for BusinessInsider (Feb. 7).
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"Do You Need to Worry About Trump’s Reforms? It Depends," by Charles Duhigg, for The New York Times (Feb. 9)
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"Repealing Dodd-Frank: What's the Likely Fallout?" a podcast with Peter Conti-Brown, on Knowledge @ Wharton (Feb. 10)