By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered:  Section 1 .   Purpose .  America’s financial institutions serve a critical role in safeguarding the American people against financial fraud and abuse.  My Administration has taken significant steps to lower the costs of providing financial services for Americans and reduce unnecessary and burdensome Federal regulations that restrain economic growth and hamper the competitiveness of financial service providers nationwide.  However, it has long been the policy of the United States to adopt tailored measures to safeguard our financial system from illicit use and promote safe and sound lending and other practices by financial institutions.…