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October 23, 2019
It lets banks and hedge funds borrow cheaply for short periods of times. it showed the financial market was broken. the feds stepped in, pumped in a whole bunch of cash. elizabeth warren is worried the industry is going to use this as way to try to deregulate. some officials and analysts im talking to are blaming the post crisis rules. it makes banks have easily tradeable securities. so warren sent this letter. she said to steven mnuchin, she said banks are reporting profits at record levels and...
February 25, 2017
Arthel: president trump doubling down on fighting regulation, signing another executive order aimed at scrapping rules he says, we welcome gary to the show. the president got it right. there are millions of words. and not only the small banks but small businesses getting money to them. that hurt the economy over the last eight years. >> gary is right, look at dodd-frank, small banks the didnt have to do derivatives, kept most of the loans on their balance sheets, compliance issues. we have to cu...
April 21, 2010
We didnt know where barack obama was until august. he sent a detailed bill up to the hill. he clearly believes public opinion is with him. so hes happy to go into that lions den. >> david, clearly a different approach from president obama. im curious. youre up in new york. we know mayor bloomberg there is trying to protect wall street from too much regulation here. what do you think financial reform ultimately looks like if it gets out of congress? >> well, i do think the chances of a bipartisan...