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Financial Industry Groups Fear Trump Will Block Investor Protection Rule

The financial services industry is hopeful that President Trump will move to delay and perhaps overturn an investor protection rule put in place by the Obama administration. The rule requires that financial advisers act in their clients best interest when it comes to their retirement accounts. It has been widely supported by consumer groups, unions and financial watchdogs. The financial industry lobbied against the rule saying it would have unintended consequences and created too much paperwork to make it worth it for advisers to work with small clients.

After Missile Launch, White House Warns Iran But Offers No Action Plan

The White House says it's putting Iran officially "on notice" after its missile launch over the weekend. But officials offered no details on what exactly that means, or whether military options are on the table. It's another example of what's already emerging as a pattern for the Trump administration: coming out swinging with tough words, before having consulted or decided on an actual policy.