2016: A choice between Donald Trump and Goldman Sa
Post# of 65629
Posted On: 02/28/2016 12:40:16 PM
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2016: A choice between Donald Trump and Goldman Sachs.
Since 2013, Hillary Clinton received $21.7 million for 92 private appearances.
Sooo, we can reasonably infer that Hillary will make roll back of Dodd-Frank a top priority in her Administration?
Which of the following provisions will be repealed first, and how would she credibly argue for that?
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The bill subjects more financial companies to federal oversight, regulates many derivatives contracts, and creates a panel to detect risks to the financial system along with a consumer protection regulator.
For all we know she was regaling Goldman Sachs by chronicling
how her husband and Obama 'presided' over, didn't get in way of, the 2 biggest stock market booms of the past 30 years. LOL!
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WASHINGTON — Congress approved a sweeping expansion of federal financial regulation on Thursday, reflecting a renewed mistrust of financial markets after decades in which Washington stood back from Wall Street with wide-eyed admiration.
The bill, heavily promoted by President Obama and Congressional Democrats as a response to the 2008 financial crisis, cleared the Senate by a vote of 60 to 39, largely along party lines, after weeks of wrangling that allowed Democrats to pick up the three Republican votes to ensure passage.
The vote was the culmination of nearly two years of fierce lobbying and intense debate over the appropriate response to the financial excesses that dragged the nation into the worst recession since the Great Depression.
The result is a catalog of repairs and additions to the rusted infrastructure of a regulatory system that has failed to keep up with the expanding scope and complexity of modern finance.
The bill subjects more financial companies to federal oversight, regulates many derivatives contracts, and creates a panel to detect risks to the financial system along with a consumer protection regulator.
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