▶ U.S. President Donald Trump meets with chief executives of major U.S. companies as the business community finds itself increasingly split over how to respond to his policies. President Donald Trump is taking his first steps aimed at scaling back financial services regulations, and the Republican-run Congress cast a vote early Friday signalling that it’s eager to help. The president will sign an executive order Friday that will direct the Treasury secretary to review the 2010 Dodd-Frank financial oversight law, which reshaped financial regulation after the 2008-09 financial crisis. Read the latest news on U.S. President Donald Trump Republicans said the rejected regulation gives foreign competitors valuable information about U.S. firms and would hurt the economy. U.S. President Donald Trump will take the first steps today to scale back on financial regulations.

Source: thestar February 03, 2017 15:18 UTC