Treasury report calls for sweeping changes to financial rules

The Trump administration is again taking aim at the Dodd-Frank Act, releasing a Treasury Department report that recommended a vast reworking of Wall Street rules adopted in response to the financial crisis.

Some of the proposed overhauls would do away with a requirement for companies to divulge the pay ratio of chief executives to workers, streamline derivatives rules, and give companies more access to capital and investors more places to put their money.

The ideas were welcomed on Wall Street, where banks complain that Dodd-Frank rules have needlessly hobbled growth. But they attracted scepticism from consumer groups and others, who consider the