Executive Order 13772: Core Principles for Regulating the United States Financial System

President: Donald J. Trump

Set principles for reviewing financial regulation and directed the Treasury Secretary to report on laws and rules affecting the financial system.

Status: Revoked. Is Executive Order 13772 still in effect? No. Executive Order 13772 was revoked. See Federal Register record.

What does Executive Order 13772 do?

EO 13772 identified core principles for financial regulation, including economic growth, public confidence, taxpayer protection and efficient markets. It directed the Treasury Secretary to consult with financial regulators and report on regulations inconsistent with those principles.

Administration position: The listed principles express administration policy. Individual financial rules remained governed by their statutes, agency procedures and judicial review.
SignedFebruary 3, 2017
Lead officeDepartment of the Treasury
TermFirst presidential term

Before and after

Before the order

Financial agencies operated under the Dodd–Frank Act, banking statutes and their existing supervisory authorities.

After the order

Treasury issued sector reports and agencies considered regulatory changes; the order did not itself amend financial statutes or regulations.

Who had to do what

Agency / officeActionTiming / position
Treasury SecretaryConsult regulators and report findingsWithin 120 days
Financial regulatorsProvide information and assess regulationsAt Treasury’s request
AgenciesConsider revisions consistent with lawOngoing

What happened next

EO 13772 signed.