Posted on 11/19/2017 3:09:41 PM PST by Innovative
President Donald Trump promised a less restrictive regulatory environment, particularly in banking.
Three recent developments — leadership changes at the Comptroller of the Currency Office and the Consumer Financial Protection Bureau, as well as approved changes to the Dodd-Frank reforms — move that agenda forward.
The Dodd-Frank tweaks "might send a powerful political message to the Fed," according to analysts at Keefe, Bruyette & Woods.
(Excerpt) Read more at cnbc.com ...
Call me an old stick in the mud curmudgeon, but I was always partial to Glass-Steagall. Commercial banks have no business playing in the investment banking casino.
I’m with you. There should be a fire-wall.
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