President Trump says that his administration will eliminate many Dodd-Frank regulations and replace it with 'something else'. Rough Cut (no reporter narration).
ROUGH CUT (NO REPORTER NARRATION) STORY: President Donald Trump told a group of chief executives on Tuesday that his administration was reducing regulations and revamping the Wall Street reform law known as Dodd-Frank, which might be eliminated and replaced with "something else." "We're going to reduce taxes, we're going to eliminate wasteful regulations," Trump said at a meeting attended by corporate leaders and members of his cabinet. Trump previously ordered reviews of the major banking rules that were put in place after the 2008 financial crisis.