Tuesday, May 23, 2017

The Trump administration is trying to trick people into thinking it's cracking down on Wall Street -- 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 regulation of large banks.

Mnuchin continually said that the administration supports a "21st Century Glass-Steagall," referring to the Depression-era bill that required commercial and investment banks to remain separate. Except for the law's defining aspect. ....
http://www.businessinsider.com/trump-mnuchin-glass-steagall-wall-street-bank-regulation-2017-5

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