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Old Today, 03:01 PM
 
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Swamp is alive and well under 45. Socialism for TBTF Banks! Maga!

https://www.reuters.com/article/us-u...-idUSKCN1VA1B8

Quote:

FDIC Commissioner Martin Gruenberg, a Democrat who backed the Volcker rewrite proposed in May 2018, voted against the final rule Tuesday, saying it would "effectively undo" the rule's protections.

In particular, he warned that the new rule narrows the definition of banned trading in a way that could free up banks to engage in riskier bets with potentially billions of dollars in financial instruments.

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