this is one thing when trump is going to take the voters in 2018 and 2020. they may not get the big legislation and they have done things to change the way washington works or undermine the previous administration. they said please disregard any instruction from her presumed capacity from this acting director. any form related in any way to the function of her actual or presumed duties, please inform the general counsel. house of cards. i see it as defaming the protection bureau and as part of the trump administration s larger efforts to roll back regulations. i think it s an under cover story of the administration.
now enough to keep that going? certainly investors and business people are expecting a tax cut in the corporate rate. that is probably going to stay. 20% is where the president said his red line is in terms of the corporate rate. it will be positive for this market. they will get this done but no doubt about it, if you see a tax plan that falls short we could see some of this movement in the market come out. 5.3 trillion in market gain since election day. let s not underestimate what the president has done in terms of rolling back regulations. this has been the least regulatory president of all presidents so far. president obama increased the federal registry by i think 20,000 pages or something. they laugh about it in the halls of congress and call it 15 king james bibles. they re rolling back of the regulations was also important. if the tax plan does not pass, market goes down, i m sure you re right. sandra: the president is promising huge growth based on the tax plan as well.
vocal about the deal. he has dealt a blow to barack obama s health care legislation. let s talk about this with scott lucas, professional of international politics at the university of birmingham, england. scott? we knew he was going after barack obama s legacy. and in the past week he s undermined what were arguably mr. obama s two most significant policies internationally and domestically, iran and health care. yes. i mean, the first rule of thumb for donald trump is if barack obama did it, rip it up. the question is what affect that has. we re talking not only about health care and iran, but stripping back environmental regulations, stripping back health, safety in the workplace, stripping back regulations in the lgbt rights. in iran you have the risk that the u.s. will actually isolate itself. that long-time ally, including britain, will now side with the
back now with the panel. it s not only decertifying the deal, the executive action on the foorld, pulling out of the paris accord act. a lot of things is reversing everything president obama tried to do. when the obama administration was ending, one of the things that the administration officials, the former administration officials worried dieply about was to extent to which so many of president obama s legacy was built not so much an legislative success, but a lot of things he was able to accomplish were executive action because the congress was reluctant to do anything, the republican congress. president trump has really in his administration taken advantage of that and rolled back regulations. they refersed things that they could reverse, and that s
the administration officials former administration officials worried deeply about was the extent to which so much of president obama s legacy was built, not on legislative success obviously, the health care bill as a legislative success, but a lot of the other things that he was able to accomplish were executive action because the congress was reluctant to do anything the republican congress was reluctant to do anything for him. president trump, and his administration, has really taken advantage of that. and they ve rolled back regulations, they ve reversed things that they could reverse. and some of that has been easier because of the way president obama crafted his legacy over eight years. i mean, for for donald trump, as a citizen, was very critical of president obama for using executive actions so much. president trump has now used it more than president obama did. nearly twice as much. i mean, today is a hell of a day. all that donald trump has done is make insurance