AFR Statement: Trump Speech Obscures Agenda Favoring Wall Street

Carter Dougherty
Communications Director
(202) 251-6700
From Lisa Donner, executive director for Americans for Financial Reform:
“When it comes to the economy, unfortunately the President hasn’t drained the swamp. Instead, he is filling the government with Wall Street insiders who are now attacking rules put in place to keep big Wall Street banks and predatory lenders from ripping off consumers and prevent another disastrous financial crisis.”
“Trump is trying to undo a common-sense rule  that says retirement advisors have to actually put their clients interests first — a rule that will put more than $17 billion dollars a year back in seniors’ pockets, instead of Wall Street’s.”