This is an archived article that was published on sltrib.com in 2017, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.
Washington • The Trump administration is targeting some of the tax and financial regulations established by President Barack Obama.
President Donald Trump will sign an executive order Friday to review tax regulations set last year by his predecessor.
He'll also sign a pair of memoranda to potentially reconsider two major elements of the 2010 Dodd-Frank financial reforms created after the Great Recession.
The review regulations could give greater leeway to companies looking to shelter income overseas, or simply seek to reduce paperwork in enforcing these regulations.
Treasury Secretary Steven Mnuchin said Trump is "absolutely committed to make sure that taxpayers are not at risk for government bailouts of entities that are too big to fail."