Trump to order review of Dodd-Frank, potentially impacting CFPB, Cordray

President Donald Trump will order a sweeping review of the Dodd-Frank Act rules enacted in response to the 2008 financial crisis, a White House official said, signing an executive action Friday designed to significantly scale back the regulatory system put in place in 2010. The move could have major implications for the Consumer Financial Protection Bureau, which was established under the Dodd-Frank Act.