(Bloomberg) -- The long-term impact of a new presidentialadministration's early acts is almost impossible toassess.

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That hasn't stopped some from making weighty pronouncementson Donald Trump's first 100 days, including DonaldTrump. And it won't stop us.

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With that, Personal Finance offers these thoughts on theTrump team's words and deeds so far and their implications forinvestors and consumers, with more definitive reports tocome.

Your money

Financial regulation is under the new administration'smicroscope, and consumers will see some restrictions lifted fromtheir financial services providers.

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President Trump has called the Dodd-Frank Wall Street Reform andConsumer Protection Act of 2010, enacted in the wake of the 2008financial crisis to strengthen oversight, "a disaster" andsuggested that it restricted lending to small businesses, amongother things.

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An easing of restraints could free up some capital forbanks and other lenders, though it isn't clear how much of thatwould flow to borrowers.

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On May 4, Treasury Secretary Steven Mnuchin is due to reportback to the president on a broad review of financial regulations.That report will likely contain some choice words,and curbs to come, on the Consumer Financial ProtectionBureau, an independent agency created by the Dodd-Frank Act.

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The CFPB has been a strong consumer champion or anoverreaching blunt instrument in need of congressional oversight,depending on your politics. It certainly has had an impact.From 2011 to this Feb. 28, the agency says, it has collected$11.8 billion in restitution for more than 29 million consumers,handled more than 1.1 million complaints, and imposed about $600million in civil penalties.

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The fiduciary rule, another protection for consumers, isalso under review. The rule requires financial advisers handling aclient's retirement assets to act in that clients's best interests,and not, say, recommend a mutual fund or annuity because of the bigcommission they would earn.

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The White House Council of Economic Advisers under PresidentBarack Obama estimated that retirement savers have been losing $17billion a year as a result of conflicted advice; opponents of thefiduciary rule dispute the figure. Implementation of the rule,scheduled for April 10, was delayed by 6o days sothe Secretary of Labor could examine it. Important partsof the rule will go into effect on June 9.

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For the millions of private-sector workers who don'thave access to employer-sponsored plans, Obama hadissued rules to encourage cities and counties to createautomatic Individual Retirement Account programs.

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On April 13, Trump issued a resolution nullifying thoserules. Republican lawmakers and financial industry lobbyists opposesimilar state-run auto-IRA programs, saying they are a drag onemployers and evade strict rules on retirement plans.

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Your education

Obama-era policy moves on student loan fees and service were rolled back.Those had added protections for student loan borrowers who weredelinquent on privately held, government-backed loans and alsoaimed to streamline service for borrowers.

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There was a public outcry after Secretary of Education BetsyDeVos eliminated an Obama mandate for a grace period beforelenders could assess fees on delinquent borrowers.

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The private student loan companies then said they wouldn'tautomatically charge the fee, which could be equivalent to 16percent of the loan, if debtors made good in two months orless.

Your tax bill

Trump's one-page tax reform plan released onApril 26 would cut the number of personal income tax rates fromseven to three, at 10, 25, and 35 percent. That sounds good to alot of taxpayers, but it isn't clear yet what the incomethresholds for those rates would be.

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Also appealing is a proposed doubling of the standarddeduction, which would translate into more than $24,000 of amarried couple's earnings going untaxed if they file jointly.

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For wealthier Americans, the plan would eliminate thealternative minimum tax, a parallel tax system that generallyapplies to taxpayers making more than $200,000 a year whoclaim a lot of deductions, as well as the estate tax and theMedicare surtax affecting higher-earning individuals.

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Alarmingly to some, the tax proposal would end the deductibilityof state and local income taxes on federal returns. The mortgageinterest deduction, a longtime sacred cow, would remain, as woulddeductions for charitable contributions.

Your health

In the wake of a bill to repeal and replace Obamacare, pulledfor lack of support in late March, a revised proposal is inthe works.

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With high health-care costs one of the biggest concerns forworkers of all ages and incomes, the outcome of that debate couldwind up having the most profound impact onconsumer finances.

Your portfolio

There's one possible impact of the president's first 100 daysthat's a clear plus for investors. Since Inauguration Day,Jan. 20, the Standard & Poor's 500-stock index is up 5.1percent, and the Dow Jones Industrial Average is up 5.8percent.

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