Donald Trump said he would overturn most of Dodd-Frank and replace Federal Reserve Chair Janet Yellen. | Getty Trump pledges to roll back Wall Street reforms

Donald Trump promised on Tuesday to overturn most of the financial reform codified in the Dodd-Frank bill.

The presumptive Republican nominee told Reuters he will release an economic policy plan by the end of the month that will "be close to a dismantling of Dodd-Frank."


"Dodd-Frank is a very negative force, which has developed a very bad name," he said.

While, overall, Wall Street has been wary of the New Yorker, some top financiers have come to his side. Anthony Scaramucci of SkyBridge Capital penned a Wall Street Journal op-ed this week praising the candidate after saying he would help a pro-Trump super PAC called the Great America PAC.

During the half-hour interview, Trump said he is "not an enemy" of Federal Reserve Chair Janet Yellen, but he would want a Republican to ultimately lead the system if he were elected president.

"I'm not a person that thinks Janet Yellen is doing a bad job," Trump said. "I happen to be a low-interest rate person, unless inflation rears its ugly head, which can happen at some point."

Trump was also critical of technology startups, telling Reuters that they get high valuations but don't make money. And he said he worries the industry will suffer from a financial bubble.

The real-estate mogul said during the interview in his New York office that he would be willing to speak with North Korea's Kim Jong Un about nuclear weapons.

"At the same time, I would put a lot of pressure on China because economically we have tremendous power over China," Trump said.

He also said he objected to Russia's actions in Ukraine and that he wants the Paris climate deal renegotiated.