President Donald Trump will sign an executive order Friday directing Treasury Secretary Steven Mnuchin to review any significant tax regulations from last year, especially those that might burden Americans.

The president will also sign memos related to the designation process of systemically important banks and to orderly liquidation authority.

Trump will visit the U.S. Treasury department Friday to sign the order, which is aimed at identifying and reducing tax regulatory burdens that "add undue complexity" and "exceed statutory authority," the White House said in a statement.

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