New regs for Friday: Dodd-Frank, communications, energy

President Trump will begin chipping away at the Dodd-Frank Wall Street Reform and Consumer Protection Act in Friday’s edition of the Federal Register.

Wall Street: The Federal Reserve is weakening a key provision of Dodd-Frank.

The Fed will loosen the capital requirements and stress test regulations for large banks with more than $50 billion in assets.

{mosads}The changes go into effect in 30 days.

Communications: The Federal Communications Commission (FCC) is considering eliminating dozens of regulations following President Trump’s executive order requiring agencies to erase two rules for every new rule they issue.

The FCC announced Thursday that it will conduct a 10-year review of various rules issued between 2001 and 2004 to determine whether they “should be continued without change, amended, or rescinded in order to minimize any significant impact the rules may have on a substantial number of small entities.”

The public has 90 days to comment.

Energy: The Federal Energy Regulatory Commission is raising its fees.

The new fees go into effect in 30 days.