“I have so many people, friends of mine, that have nice businesses, they can’t borrow money,” Mr Trump said.
“They just can’t get any money because the banks just won’t let them borrow because of the rules and regulations in Dodd-Frank.”
Mr Trump has also scrapped the fiduciary rule , which protects retirees by forcing advisers and brokers to “work in the best interests of their clients”.
“We think it is a bad rule. It is a bad rule for consumers. This is like putting only healthy food on the menu, because unhealthy food tastes good but you still shouldn’t eat it because you might die younger,” Gary Cohn, the White House National Economic Council Director said about the fiduciary rule, Vanity Fair reported.
The controversial orders Donald Trump has already issued
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Before taking his role at the White House, Mr Cohn was the president and chief operating officer at Goldman Sachs.
In a 2015 speech at the Jack Welch College of Business, he said it felt like he was in Congress every other week, trying to convince them to repeal regulations.
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