What does the Trump regulatory freeze mean for pending rules, guidance?

President Donald Trump signed an executive order implementing a regulatory freeze, directing federal agencies to halt the issuance of new regulations pending review and approval by department heads appointed by the newly installed presidential administration. Dodd Frank Update consulted two former CFPB attorneys, Richard Horn, co-managing partner at Garris Horn LLP, and David Friend, owner of Friend Mortgage Consulting, about the implications of these orders from the Trump administration.