…Presidential candidates do not have to follow party platforms, but big banks will be troubled by the cross-party support for legislation inspired by the 1933 Glass-Steagall act because such ideas can gain a life of their own once in official documents.
Any prohibition barring investment bankers from operating under the same roof as federally insured deposits would pose an existential challenge to Citigroup, JPMorgan, Bank of America, Wells Fargo and, to a lesser extent, Goldman Sachs.
The original Glass-Steagall act was abolished in 1999 when President Bill Clinton signed bank reform legislation that was crafted by Republican lawmakers and backed by many Democrats in Congress….
- Püüdke natse, natsism on probleem nr. 1 Ameerikas
- The European Union, the New European Soviet?
- Trump ja Bannon
- California põllumajandus ja minu muru
- Brexit Boost: Hiring and Salaries Rise as Supply of Cheap Foreign Workers Falls
- Global Inflation Hits Lowest Level Since 2009
- Modern Money and the Constitution by Professor Christine Desan
- Kiidan heaks Trumpi immigratsioonipoliitika
- Hello Angry Losers
- Professor William Mitchell – Thinking in a Modern Monetary Theory Way
- Bill Mitchell: modern monetary theory
- The Basics of Modern Money
- Sa ei saa oma raha kätte pangast. See kõik on sinu enda huvides
- Trump and the Trumpists
- Lexit: the EU is a neoliberal project, so let’s do something different when we leave it
- Wholesale EU immigration has destroyed conditions for British workers
- GEOPOLITICS: The Billionaire Who Foresaw President Donald Trump’s America in 2017
- Alt-right on postkeinsismi lembeline?
Seda blogi vaadatud (60 sek hilinemine)
- 198,785 korda