Close

Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.

×

Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

Treasury releases first report on a regulatory overhaul

Joe Mont | June 14, 2017

On June 12, the Treasury Department released the first in a series of reports to President Donald J. Trump recommending executive actions and regulatory changes “that can be immediately undertaken to provide much-needed relief” for businesses affected by a regulatory build-up.

“Properly structuring regulation of the U.S. financial system is critical to achieve the administration’s goal of sustained economic growth and to create opportunities for all Americans to benefit from a stronger economy,” Treasury Secretary Steven Mnuchin said in a statement. “We are focused on encouraging a market environment where consumers have more choices, access to capital and safe loan products, while ensuring taxpayer-funded bailouts are truly a thing of the past.”

Executive Order 13772 instructed the Treasury Secretary to report to the President the extent to which the existing...

Buy this article for $49, or subscribe to Compliance Week for a month at $149 and get unlimited article access for 30 days.