trump vows to take America back to the Bush era, plans to dismantle Dodd Frank

[link to www.npr.org]

During his presidential campaign, Republican Donald Trump said he would "get rid of" Dodd-Frank — the sweeping legislation passed in 2010 to address problems underlying the 2008-2009 financial crisis.
Many Republicans hate the 2,300-page law, saying it is layered with far too many regulations. But Democrats say it provides valuable oversight of an industry that they believe took too many risks on Wall Street and too much advantage of customers on Main Street.
Now President-elect Trump's transition team is promising to "dismantle" the complex Dodd–Frank Wall Street Reform and Consumer Protection Act .
"Bureaucratic red tape and Washington mandates are not the answer" to improving the financial system, the team said Thursday on its website .