Pres. Trump signs an executive order on Feb. 3, 2017, deregulating Wall Street and now blamed for rising prices of gas and other commodities.
It was just one loophole. But it was big enough to swallow the global economy.
Wall Street created the loophole almost a decade ago, to escape U.S. regulation of complex financial trades related to commodities like oil and wheat. Then the Trump administration fortified the loophole.