Bank Directors Seminar, Coeur d'Alene, ID, September 15-17, 2019

The President Establishes Direction

EXECUTIVE ORDER: CORE PRINCIPLES FOR REGULATING THE U.S. FINANCIAL SYSTEM Empower the public to make independent financial decisions and informed choices in the marketplace

1 Prevent taxpayer-funded bailouts 2 Foster economic growth 3

Enable U.S. companies to be competitive within domestic and foreign markets 4 Advance American interests in international financial regulatory negotiations 5 Make regulation efficient, effective, and appropriately tailored 6 Restore public accountability within federal financial regulatory agencies and rationalize federal financial regulatory framework 7

16