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pnwmom

(108,955 posts)
Fri Feb 3, 2017, 03:29 PM Feb 2017

DT says that Dodd Frank should be overturned because his FRIENDS

have had trouble borrowing money. He has also had trouble borrowing money from US banks (due to his bankruptcies.)

This is a likely conflict of interest on his part. The only way to know is to SEE HIS TAX RETURNS.

http://www.latimes.com/business/la-fi-trump-fiduciary-dodd-frank-20170203-story.html

He added that “we expect to be cutting a lot out of Dodd-Frank because frankly, I have so many people, friends of mine that had nice businesses, they can’t borrow money.”

“They just can't get any money because the banks just won't let them borrow it because of the rules and regulations in Dodd-Frank,” Trump said.

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DT says that Dodd Frank should be overturned because his FRIENDS (Original Post) pnwmom Feb 2017 OP
somebody told him that Presidents aren't legally bound to avoid Conflicts of Interest librechik Feb 2017 #1
If he actually had any friends, it is a certianty that they would also be deadbeats! putitinD Feb 2017 #2
Why do you think the market is up, they want no regulation still_one Feb 2017 #3
Excellent IdiotsforPalin Feb 2017 #4
Guess who also gets a big prize? Energy companies ! procon Feb 2017 #5

librechik

(30,673 posts)
1. somebody told him that Presidents aren't legally bound to avoid Conflicts of Interest
Fri Feb 3, 2017, 03:32 PM
Feb 2017

without telling him that it was expected anyway, as a matter of honor.

This President wouldn't understand the concept of honor if he even had a brain, which he doesn't.

IdiotsforPalin

(169 posts)
4. Excellent
Fri Feb 3, 2017, 03:50 PM
Feb 2017

people, friends of mine, that have nice businesses and they can’t borrow money,” he continued. “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."

There ya go middle America......it's not about you.

procon

(15,805 posts)
5. Guess who also gets a big prize? Energy companies !
Fri Feb 3, 2017, 04:19 PM
Feb 2017

Part of Dodd-Frank included regs the forced oil, natural gas, coal and mineral companies who routinely bribed foreign governments, to disclosed billions they paid out, meaning citizens in those countries could begin to hold their governments to account for their corrupt deals. It also protected U.S. citizens and investors from having millions diverted out of their pensions and investments to enrich corrupt foreign governments.

These rules have been repealed just two days after Rex Tillerson, former CEO of ExxonMobil and a strong opponent of the law, was confirmed as secretary of state.


There's a good article in newsweek:

http://www.newsweek.com/trump-executive-orders-majority-disapproval-poll-551873


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