Saying he wants to "make sure we avoid excessive, inconsistent and redundant regulation," President Obama announced that he is ordering all federal departments and independent agencies to review all existing regulations to ensure they don't stifle economic growth.
Obama, who announced his plans in an op-ed article in The Wall Street Journal, signed an executive order today.
Although the article focused on health, safety and environmental regulations, the top regulatory experts of CUNA and NAFCU said they hope it will also result in changes to regulatory policies at the Federal Reserve and the NCUA.
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