A Champion of the People or Wall Street? Trump Pushes to End Dodd-Frank & Consumer Protection Agency
As the Trump administration enters its second month, Republican lawmakers have begun a legislative attack on the Consumer Financial Protection Bureau, which was created in response to the economic crisis a decade ago. The bureau was created under the Dodd-Frank legislation, which is also coming under attack by Republican lawmakers and the White House. Last week, President Donald Trump signed an executive order to repeal a Dodd-Frank anti-corruption measure requiring oil and mining companies to disclose payments to governments. He has also vowed to chip away at other parts of the legislation. We speak to Sheelah Kolhatkar, a former hedge fund analyst who is now a staff writer at The New Yorker. She is the author of the new book "Black Edge: Inside Information, Dirty Money, and the Quest to Bring Down the Most Wanted Man on Wall Street."