[weston]

Group of 10 walking along fence line.

[STARLIT]

Missed it ..Good job. Thinking they are the same from this morning. I've been searching information on the power IF ANY or Congress or CEO President has today.

Executive Order 13772, titled "Core Principles for Regulating the United States Financial System", is an executive order signed by U.S. President Donald Trump on February 3, 2017. The eighth executive action by the president during his first 100 days in office, it establishes the "core principles" of regulation under the Trump Administration and tasks the United States Department of the Treasury to review the Financial Stability Oversight Council, originally established under the Dodd–Frank Wall Street Reform and Consumer Protection Act, and report to the President in 120 days on current regulations and their effectiveness in carrying out these core principles.

The executive order was signed by President Trump on February 3, 2017.[26][27] The order is organized into three sections, one on Policy, one a directive to the Secretary of the Treasury, and one on General Provisions. The section on Policy outlines and officially states the six primary goals of the Trump Administration in regards to financial regulation, described in the order as the "Core Principles". They include:

(a) empower Americans to make independent financial decisions and informed choices in the marketplace, save for retirement, and build individual wealth;

(b) prevent taxpayer-funded bailouts;

(c) foster economic growth and vibrant financial markets through more rigorous regulatory impact analysis that addresses systemic risk and market failures, such as moral hazard and information asymmetry;

(d) enable American companies to be competitive with foreign firms in domestic and foreign markets;

(e) advance American interests in international financial regulatory negotiations and meetings;

(g) [sic] restore public accountability within Federal financial regulatory agencies and rationalize the Federal financial regulatory framework.

The second section of the order issues a directive to the Secretary of the Treasury, ordering them to conduct meetings with members of the Financial Stability Oversight Council and report back to the President within 120 days on "the extent to which existing laws, treaties, regulations, guidance, reporting and recordkeeping requirements, and other Government policies promote the Core Principles and what actions have been taken, and are currently being taken, to promote and support the Core Principles." The report will serve as a citation to repeal or amend any existing laws highlighted in the report as inhibitive to the Core Principles outlined in the section on Policy. The third section on General Provisions is a generic disclaimer that states the order abides by the United States Constitution, and does not impair the functions of relevant Government departments or agencies, with the Office of Management and Budget being specifically mentioned.