Trump promises 70% reduction in Federal regulation of business in the United States

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Трамп обещает на 70% сократить федеральное регулирование бизнеса в США

The presidential candidate U.S. Republican Donald trump called for a radical reduction of regulation of business activities in the country by the Federal authorities.

“We will consider adjusting the regulation is incredibly. I would say 70% of this regulation. It just makes business grow,” said trump on Thursday evening at a meeting with supporters in new Hampshire.

It is noteworthy that earlier in the same day, the policy Advisor Anthony of Scaramucci told Reuters that trump is going to reduce the regulation to 10%. He said that in case of victory the team of Republican plans to revise in particular legislation in the banking sphere, including the law on reforming wall street and consumer protection Dodd-Frank, passed in 2010 to reduce the risks of the us financial system. This law significantly strengthened the banking supervision after the crisis of 2008-09.

The General election of the President of the United States will take place on 8 November.

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