Dodd-Frank was clear—consumers first, not Wall Street. But the Trump Admin disagrees.
Dodd-Frank was clear—consumers first, not Wall Street. But the Trump Admin disagrees.
2008 would like a word.
2008 would like a word.
2. FDIC didn't do any special favors for SVB bankers, and didn't do it for silicon valley crypto bros. They did it to keep the promise that leads to stability: " When you put money in a US Bank, your deposits are safe."
SVB bet big on low interest rates and lost. Rich tech VCs who put too many eggs in that basket generated a bank run, then called for govt money.
Got their bailout, helped elect Trump, and now reaping rewards from corruption.
(1) The Dodd-Frank Wall Street Reform and Consumer Protection Act became law in 2010 in response to years of deregulation that brought the 2008 meltdown. (2) The regulations under Dodd- Frank took years. (3) they didn’t go far enough & many have been rolled back or eviscerated
(1) The Dodd-Frank Wall Street Reform and Consumer Protection Act became law in 2010 in response to years of deregulation that brought the 2008 meltdown. (2) The regulations under Dodd- Frank took years. (3) they didn’t go far enough & many have been rolled back or eviscerated
Repeal the Dodd–Frank mandated disclosures relating to conflict minerals, mine safety, resource extraction, and CEO pay ratios.
Repeal the Dodd–Frank mandated disclosures relating to conflict minerals, mine safety, resource extraction, and CEO pay ratios.
Barney ...served in the House of Representatives from 1981 to 2013
He was a SHARP -TONGUED ADVOCATE for GAY RIGHT
A FIERCE WIT
He co-wrote the DODD-FRANK ACT to prevent a repeat of 2008 financial crisis
RIP BARNEY FRANK 🙏
Barney ...served in the House of Representatives from 1981 to 2013
He was a SHARP -TONGUED ADVOCATE for GAY RIGHT
A FIERCE WIT
He co-wrote the DODD-FRANK ACT to prevent a repeat of 2008 financial crisis
RIP BARNEY FRANK 🙏
Though it included some key reforms, it failed to include the most important way to prevent future crashes: reinstate the Glass-Stegall Act and separate Wall Street from Main Street.
Though it included some key reforms, it failed to include the most important way to prevent future crashes: reinstate the Glass-Stegall Act and separate Wall Street from Main Street.
CFPB costs less than $1billion to run, but has returned over $20 billion to ordinary Americans who’ve been victims of big business fraud & illegal junk fees.
A great day for corporate scammers.