“And we’ve learned a lot since then, and some parts of the law should change to reflect that.”<br />When Mr. Trump signed an executive order last week to identify “government policies<br />that inhibit federal regulation of the United States financial system,” it was widely seen as the first step in overhauling Dodd-Frank.<br />Though Mr. Trump’s recent executive order on immigration has received far more attention, the financial<br />reforms proposed by the president would affect millions more Americans than any travel ban.<br />So, as a public service, I’m going to regularly evaluate some of Mr. Trump’s activities,<br />and help you decide which ones are cause for alarm — and which, to be honest, are fairly rational attempts at governing, the same kinds of shifts we might expect if Hillary Clinton or a different Republican had been elected president.<br />“We wrote this in the wake of a major crisis, and I think the legislation reflected that,” said<br />Barney Frank, a former representative from Massachusetts who was a co-sponsor of the law.<br />First up: Mr. Trump’s executive order, signed last Friday, to roll back Dodd-Frank.<br />Two years after the world’s economic system imploded in 2008, the Obama administration<br />and a Democratic Congress erected these new rules to prevent another crisis from happening.<br />Among those concerns may be President Trump’s pledge to do “a big number” on the financial regulations<br />put in place after the 2008 financial crisis, reforms known as the Dodd-Frank Act.