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Trump indicators invoice easing post-2008 disaster restraints on banks

WASHINGTON — President Trump on Thursday signed into legislation a measure that loosens key restraints for banks imposed after the 2008 monetary disaster and Nice Recession. Savoring the legislative triumph, he known as it “the following step in America’s unprecedented financial comeback.”

The Republican-crafted invoice handed Congress on Tuesday with the assistance of some Democratic votes and allowed Trump to satisfy his marketing campaign pledge of dismantling the landmark Dodd-Frank legislation. The 2010 legislation was enacted by President Barack Obama and Democrats in Congress in response to the disaster that introduced hundreds of thousands of misplaced jobs and foreclosed properties.

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