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Trump order takes aim at tax regulations imposed by Obama

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President Donald Trump ordered his Treasury Department on Friday to review measures put in place by the Obama administration, setting the stage for a rollback of regulations that were intended to curtail corporate tax evasion and prevent another financial crisis.

The executive order and two presidential memorandums come as Trump is scrambling for achievements as the 100-day mark in the White House approaches. Frustrated by the slow pace of action in Congress on his goal of overhauling the 2010 Dodd-Frank financial regulation legislation and the fact that his mission of rewriting the tax code remains in limbo, Trump is attempting to take matters into his own hands.

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