By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered:  Section 1.  Purpose.  America’s financial institutions serve a critical role in safeguarding the American people against financial fraud and abuse.  My Administration has taken significant steps to lower the costs of

By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered: Section 1.  Policy.  The United States is a global leader in financial innovation, driven in part by the rapid growth of financial technology (fintech) firms.  These firms provide innovative services and

BREAKING BARRIERS FOR FINANCIAL TECHNOLOGY INNOVATION AND COMPETITION: Today, President Donald J. Trump signed an Executive Order to streamline regulations and promote financial innovation and collaboration between financial technology (fintech) firms, federally regulated financial institutions, and Federal financial regulators. The Order directs Federal financial regulators to review existing regulations, guidance, supervisory practices, and application processes

SECURING AMERICA’S FINANCIAL SYSTEM: Today, President Donald J. Trump signed an Executive Orderto protect America’s financial system from illicit activity, strengthen customer identification requirements for financial institutions, and address the credit risks posed by extending financial services to non-work authorized illegal aliens. The Order directs the Secretary of the Treasury to issue a formal advisory