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*For 66 years the Glass-Steagall act reduced the risks in the banking system.* Eight years after the act was repealed, the banking system blew up threatening the..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
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 -
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
Treasury Secretary Steven Mnuchin told a congressional panel that a breakup of the big banks isn’t what the Trump administration has in mind when it comes to a modern version of the Glass-Steagall.. Wall Street Journal
Authored by Mike Krieger via Liberty Blitzkrieg blog,
*While America’s corporate press remains singularly obsessed with unproven and likely fabricated Russia-collusion conspiracy theories, Wall.. Zero Hedge
Correcting, revising, and reframing Donald Trump’s often contradictory and incendiary statements is a key part of the job for anyone in his administration, including his treasury secretary, Steven.. Business Insider
Treasury Secretary Steven Mnuchin sat in front of the Senate Banking Committee on Thursday and attempted to lay out how the Trump administration's position on various economic policies, including the.. Business Insider
Treasury Secretary Steven Mnuchin just said the words that will lead to a sigh of relief on Wall Street.
During his testimony to the Senate Banking Committee, the Treasury Secretary said the Trump.. Business Insider
While the first half of the hard-hitting conversation with acclaimed director Oliver Stone focused largely on foreign policy, Part 2 of the “Scheer Intelligence” interview centers on the.. Huffington Post