He is due to sign an executive order to review the 2010 Dodd-Frank financial regulations, which some people on Wall Street say are overly-restrictive.
The law was brought in after the 2008-09 financial crisis with the aim of avoiding another financial meltdown.
"Dodd-Frank is a disaster," Mr Trump said earlier this week.
He added: "We're going to be doing a big number on Dodd-Frank." Mr Trump made it a campaign pledge to repeal and replace the Dodd-Frank law, which also created the Consumer Financial Protection Bureau (CFPB). This US government agency seeks to make sure banks, lenders, and other financial companies treat US consumers fairly. Dodd-Frank, named after the Congressmen who campaigned for the legislation, was introduced to restrict risky practices by banks and other financial companies.
But Trump administration officials have said Dodd-Frank did not achieve what it set out to do, and argue that is an example of government being overly-controlling.
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