Trump Celebrates Freed Aid Worker, Turns To Tax Reform

Follow CBSMIAMI.COM: Facebook | Twitter

MIAMI (CBSMiami) -- As President Donald Trump heads towards his 100-day milestone, he wants to demonstrate progress on campaign promises.

On Friday, he took steps to show he's trying to take action on shrinking taxes and regulations, while seeing results on work he did behind the scenes to win the release of an imprisoned aid worker.

He celebrated the freedom of Aya Hijazi - released after nearly three years in an Egyptian prison

"We are very happy to have Aya back home," said Trump.

Hijazi was providing help to homeless children when she was arrested in a widespread crackdown after the Egyptian military seized power.

Then general, now president, Abdel Fatah Al Sisi sat in the same Oval Office chair earlier this month. Trump pressed for Hijazi's freedom while the cameras weren't rolling.

As President Trump approached his 100th day mark, he's trying to make the case he's accomplished a lot, while at the same time calling the benchmark ridiculous.

On Friday afternoon, he walked over to the Treasury Department to demonstrate he is intent on reforming taxes and rolling back Obama-era Wall Street reforms.

The president signed an executive order to review new 2016 tax regulations looking to scrap those placing an undue burden on taxpayers.

"People can't do their returns. They have no idea what they are doing. They are too complicated," said President Trump.

The president also ordered reviews for parts of the Dodd-Frank Financial Reform law that deals with big firms failing in a crisis and an oversight board.

"These regulations enshrine too big to fail and encourage risky behavior," said President Trump.

Congress passed the law in 2010 to help avoid a repeat of the financial crisis that lead to the great recession.

Next week, President Trump is looking to the House to reboot repeals and replace legislation for health care while at the same time facing a potential government shutdown if Congress can't agree on a budget.

Read more
f

We and our partners use cookies to understand how you use our site, improve your experience and serve you personalized content and advertising. Read about how we use cookies in our cookie policy and how you can control them by clicking Manage Settings. By continuing to use this site, you accept these cookies.