I take all these reports with a grain of salt. Donald likes to explore hypotheticals. That doesn’t mean he necessarily will abandon the gravamen of his original position.
Also... “As if there weren’t already riots in the streets?”
* Review all 4.
* Any nuggets of value in the 4 extract them.
* If not scrap them and start anew.
* Give the SEC some staff and money for enforcement.
* FINRA, bye-bye end of story.
Yes. End Dodd Frank.
Barney Frank covered his sorry arse with this law, blaming banks for a policy Frank demanded of them. It was his activity which required Banks to take sub sub prime mortgages and have them “insured”, bundled with prime mortgages.
Think about it, one could get a variable interest mortgage, $250,000 or less, without even submitting ones tax return.
Barney Frank owns that. The consumer law of Dodd Frank was designed to cover the complicity and downright fraud of Barney BJ Frank.
Frank did little genuine work, he was too busy operating a bend-over-boy hareem out of his Washington residence.
When Dodd -Frank is repealed, it is simply an act of taking out the trash.Kudos to those who accomplish its repeal.
Heh. The AP thinks it knows.
Just today I saw picketers in my neighborhood with keep Dodd-Frank signs.
To hell with Dodd-Frank.
Reinstate Glass-Steagall.
End the Fed.
The CFPB is totally unconstitutional, as declared by the US Court of Appeals, and consequently, un-American. It has no Board that oversees it such as the FCC or the FEC. It is not subject to appropriations, like the CIA (less so than the CIA). The Chairman can not even be removed by the President of the Congress.
It has subverted the will of Congress in the enabling legislations such as Truth in Lending, Equal Credit Opportunity, Electronic Records and Payments, Fair Debt Collection into every whim of the lefty libtard cabal.
I don’t give a sh$t what Elizabeth Warren thinks about this but this turd has to be flushed.
Further, the FDIC which needs to remain independent, but needs more supervision itself, must be stopped in its cabal with the libtard CFPB and DOJ for grievous sins like Operation Chokepoint, which choked off legal access to the banking and payments systems for legitimate businesses under the guise of money laundering regulation. We’re talking about family firearms businesses or fledgling entrepreneurs not even being able to open bank accounts.
I’d be happy to see Dodd-Frank repealed, but at the same time, I would like to see Glass-Steagall brought back. Glass-Steagall would have prevented much of the 2008 fiasco without the vast and unnecessary regulatory apparatus of Dodd-Frank.