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U.S. President Joe Biden’s interim regulators are wasting no time unraveling Wall Street-friendly measures introduced under former Republican President Donald Trump, using quick-fix legal tactics.
They have spiked or stalled more than a dozen contentious Trump-era measures that critics said eroded consumer protections, weakened enforcement, and curbed investors’ ability to push for environmental, social and governance (ESG) changes.
Rather than embarking on the lengthy process of rewriting the rules, the agencies have in many instances used speedy legal tools, according to lawyers, consumer groups, and a review by Reuters. These include delaying unfinished rules, issuing informal guidance, rescinding old policy statements or issui
By Katanga Johnson WASHINGTON (Reuters) - U.S. President Joe Biden's interim regulators are wasting no time unraveling Wall Street-friendly measures i.
WASHINGTON (Reuters) — President Joe Biden’s interim regulators are wasting no time unraveling Wall Street-friendly measures introduced under former Republican President Donald Trump, using quick-fix legal tactics.
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Analysis-With quick fixes, Biden s agencies reverse Trump s Wall Street-friendly rules netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.