Remarks by President Trump at Signing of Executive Order on Fiduciary Rule

The White House
Office of the Press Secretary
For Immediate Release
February 03, 2017

Remarks by President Trump at Signing of Executive Order on Fiduciary Rule

Oval Office

1:18 P.M. EST

THE PRESIDENT:  Today we’re signing core principles for regulating the United States financial system.  It doesn’t get much better than that, right?

THE PRESIDENT:  Would you like to —

MS. WAGNER:  It’s my baby.

THE PRESIDENT:  Why don’t you explain this.

MS. WAGNER:  What we’re doing is we are returning to the American people, low- and middle- income investors, and retirees, their control of their own retirement savings.  This is about Main Street, and it’s been a labor of love for me for over four years as chairman.  And I have had — this is a big day, a big moment for Americans.  (Inaudible.)

THE PRESIDENT:  And she means that so much.

(Executive order is signed.)

THE PRESIDENT:  Chairman, I think we should hand the pen to this very special person.

PARTICIPANT:  Absolutely, Mr. President.  She earned it.  She earned it.

THE PRESIDENT:  Thank you.

MS. WAGNER:  Thank you.  I’m grateful.

Q    Mr. President, do you have anything to say about the decision to make the Iran — should they be expecting more?

THE PRESIDENT:  They’re not behaving.

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