Authored by Raul Ilargi Meijer via The Automatic Earth blog,
*If there’s one myth - and there are many - that we should invalidate *in the cross-over world of politics and economics,* it‘s that.. Zero Hedge
May.16 -- Wall Street executives and lobbyists are getting more confident about ditching rules that have annoyed them for years. That’s because the Trump administration is appointing friendly.. Source: Bloomberg Politics -
May.11 -- Mohamed El-Erian, chief economic adviser at Allianz SE and Bloomberg View columnist, discusses the potential return of Glass-Steagall legislation and explains why he sees the next crisis.. Source: Bloomberg Global Business -
Over the past quarter century progressive writers, activists and academics have followed a trajectory from left to right – with each presidential campaign seeming to move them further to the right... Eurasia Review
Authored by Charles Hugh Smith via OfTwoMinds blog,
Each new policy destroys another level of prudent fiscal/financial discipline.
*The primary driver of our economy--financialization--is in a.. Zero Hedge
Authored by Frank Shostak via The Mises Institute,
The yearly growth rate of average hourly earnings in production and non-supervisory employment in the private sector eased to 2.3% in June from.. Zero Hedge
Authored by Jeffrey Snider via Alhambra Investment Partners,
Since we are this week hypocritically obsessing over monetary policy, particularly the federal funds rate end of it, *it’s as good a.. Zero Hedge
Authored by Craig Wilson via The Daily Reckoning,
Nomi Prins joined The Foreign Correspondents’ Club of Japan in Tokyo to discuss the banking landscape and state of financial regulations in the.. Zero Hedge
U.S. Congressman Jeb Hensarling speaking at the 2015 Reagan Dinner for the Dallas County Republican Party in Dallas, Texas.
As Lisa Servon writes in.. The American Prospect
This article appears in the Summer 2017 issue of The American Prospect magazine. Subscribe here.
It began by comparing a mortgage and a toaster. That’s how then–Harvard Law School professor.. The American Prospect
Authored by Paul Craig Roberts,
*For 66 years the Glass-Steagall act reduced the risks in the banking system.* Eight years after the act was repealed, the banking system blew up threatening the.. Zero Hedge
They say human beings have short memories, but this is outright amnesia.
Donald Trump and the Republican Party’s efforts to dissolve many of the new regulations imposed on major Wall Street banks.. Business Insider
Authored by Nomi Prins via TomDispatch.com,
*Donald, listen, whatever you’ve done so far, whatever you’ve messed up, there’s one thing you could do that would make up for a lot.* It would be.. Zero Hedge
**Glass-Steagall or Another Economic Meltdown?* *
*Cross-posted with TomDispatch.com*
Donald, listen, whatever you’ve done so far, whatever you’ve messed up, there’s one thing you could do.. Huffington Post
This post In Washington, Is the Glass(-Steagall) Half Empty or Half Full? appeared first on Daily Reckoning.
The economy is being put in jeopardy again with too big to fail on Wall Street growing.. The Daily Reckoning
The challenge Democrats face today—uniting a broad coalition of working class Americans that spans racial, regional, gender, and generational lines—is far from new, but it has not always been this.. The American Prospect
WASHINGTON ― The Trump administration showed its now routine sense for the absurd when Treasury Secretary Steven Mnuchin testified before the Senate Banking Committee on Thursday.
The treasury.. Huffington Post