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Preventing future bailouts was a charter goal for the Obama administration, and the reason for the financial industry regulations (fought tooth and nail by the GOP) that this EO is subtextually putting on the chopping block.

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Preventing bailouts might have been a charter goal for Obama, but his administration actually made the "too big to fail" institutions larger, and it seems like everyone still believes that the government will provide bailouts whenever the next crisis happens. Those regulations increased (fixed) compliance costs, and improved economies of scale, making it tougher for 'small' banks.

I am not sure if the Trump administration can or will do anything about that.

> subtextually

Translation: there is nothing actually in there about removing those regulations. You (and others, MSM outlets included) are attempting to manufacture outrage.

You can rebut an argument you disagree with without being uncivil. In this case, I agree that the wording of the EO doesn't talk about deregulation. Unfortunately for your argument, Trump has in fact spent the day talking about pruning back Dodd-Frank.

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