Original Blog Entry: Donald Trump Signed An Executive Order Intended To Roll Back Dodd-Frank

konane — Fri, 10 Mar 2017 03:01:06 GMT

Bringing back Glass-Steagall is highly important.

Donald Trump Signed An Executive Order Intended To Roll Back Dodd-Frank

....Spicer has confirmed Trump is also committed to honoring his pre-election pledge to bring back Glass-Steagall.

Bringing the Great Depression-era law back will force the mega banks to break themselves apart by separating their Wall Street investment bank divisions from their Main Street checking account businesses......

...Besides reigning in bankster profiteering, bringing back Glass-Steagall will also solve the Too Big To Fail problem exposed by the 2008 financial crisis......

...(Steve) Bannon (a former Goldman Sachs banker) told BuzzFeed that he believes you really need to go back and make banks do what they do: Commercial banks lend money, and investment banks invest in entrepreneurs and to get away from this trading.

That s Glass-Steagall in a nutshell.

http://defiantamerica.com/donald-trump-signed-executive-order-intended-roll-back-dodd-frank/

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