President Trump’s pick to lead the Securities and Exchange Commission said that he has no specific plans to dismantle regulations implemented under the Dodd-Frank Act, but that the new administration wants to examine whether the 2010 law is stifling growth.
‘‘Dodd-Frank should be looked at, in particular rules that have been in place as to whether they are achieving their objectives effectively,’’ Wall Street lawyer Jay Clayton said during his Senate confirmation hearing Thursday. ‘‘But, I have no specific plans to’’ attack the legislation, he said.
via Trump SEC pick says he has no ‘specific’ Dodd-Frank gut plan – The Boston Globe.
