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In-town pool report no. 5 // Treasury remarks
Gregory Korte • USA Today
April 21, 2017: 03:04 PM

President Trump gave about 5 minutes of remarks on the executive orders he signed. All were on topic. He said there would be a "major announcement" on tax refrm next Thursday.

"The first executive action instructs Secretary Mnuchin to begin the process of tax simplification. Such a big thing. People can't do their returns. They don't know what they're doing. They're too complicated."

The second and third memoranda, he said, will "review the damaging Dodd-Frank regulations that fail to hold Wall Street firms accountable. I mean, they're doing in some cases the opposite of what they were meant to do." He said they "enshrine too big to fail."

Upon signing orderly liquidation authority memo: "This is It doesn't sound like much, but it is. It's a biggie."

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