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Detailed text transcripts for TV channel - MSNBC - 20170205:23:21:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20170205:23:21:00

Exempt banks with sates of less than 10 billion from the volcker rule. i am for that. i have been since 2013. there is another provision, we did say in the bill that once you had 50 billion in assets, you would become subject to extra supervision. again, tuollo said that was too low and i agreed with him. we have a situation where some of the smaller banks have been spending too much money on complying. i would point out, i talked to a lot of banks about this, much of the problem that they complain about and the difficulty of making loans does not come from the financial reform bill known as d...

Detailed text transcripts for TV channel - MSNBC - 20170205:23:20:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20170205:23:20:00

Lending arm. goldman sachs is lending money to people that it didn't do before because it has to make up for the losses we imposed on them by cutting back on the irresponsible drierivative trading. >> some are estimating in terms of the credit default swaps in the trillions of dollars potentially. a big, big overhang that so many were worried about. now that we're looking at this executive order, you have said in the past you would make some tweaks to dodd/frank. what are the one or two things you would tweak? >> one is, it does affect small banks. i believe there are problems with some of the...