In the Jan. 28, 2017, file photo, U.S. President Donald Trump speaks on the phone with Prime Minister of Australia Malcolm Turnbull in the Oval Office of the White House in Washington. (AP Photo/Alex Brandon)
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President Donald Trump is taking his first steps aimed at scaling back financial services regulations.The president will sign an executive order Friday that will direct the Treasury secretary to review the 2010 Dodd-Frank financial oversight law, which reshaped financial regulation after the 2008-09 financial crisis.Trump will also sign a presidential memorandum Friday that instructs the Labor Department to delay implementing an Obama-era rule that requires financial professionals who charge commissions to put their clients' best interests first when giving advice on retirement investments.
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