President Trump plans to order a rollback of regulations governing the financial services industry and Wall Street under the Dodd-Frank law and beyond.
The administration would also move against a regulation designed to force retirement advisers to work in the best interest of their clients in order to eliminate conflicts-of-interest among professionals dealing with people enrolled in qualified retirement plans and IRAs.
Why is this important?
Donald Trump ran on a platform promising to help the average working man and woman. Now he's rolling back protections specifically designed to protect these men and women. While his appointments are getting huge coverage, as they should, this will affect all of us, both Red and Blue. We need to get the word out on this.