Economic Growth - yes we're already dubious about that goal.
* Regulatory Relief - sounds like a cure for constipation - getting rid of the bullshit,? Not likely.. But they could have been really brazen and started with ,"Consumer protection". (That doesn't men free condoms, does it?)
Well, consumers certainly need protection in these times of climbing consumer price inflation, which seems to be somewhat related to unrestricted corporate gouging (What are you cutting down on in order to feed your children and keep a roof over their heads?. Oh, more ketchup sandwiches, I guess..
Well enough of your blogger's self-amusing comments on a piece of legislation he has not read. Here's a more informed opinion, from Americans for Financial Reform.
"S. 2155 is a bank lobbyist's dream: it contains over two dozen deregulatory gifts to the financial industry. These include provisions that roll back the rules on some of the biggest banks in the country, increasing the risk of financial disaster and a public bail-out[. Other provisions would expose home buyers to financial exploitation and predatory lending, as well as enable racial discrimination in mortgage lending ... This bill is a victory for banks and their lobbyists over the interests of virtually everyone else.
The biggest U.S banks , one researcher reported, "made $2.5 bn from [Trump's] Tax Law in one quarter. After the law was passed, Gary D. Cohn, former CEO of Goldman Sachs, resigned as adviser to President Trump."
Ah, how sad for Gary. Back to the office grind.
And bonuses!
Well enough of your blogger's self-amusing comments on a piece of legislation he has not read. Here's a more informed opinion, from Americans for Financial Reform.
"S. 2155 is a bank lobbyist's dream: it contains over two dozen deregulatory gifts to the financial industry. These include provisions that roll back the rules on some of the biggest banks in the country, increasing the risk of financial disaster and a public bail-out[. Other provisions would expose home buyers to financial exploitation and predatory lending, as well as enable racial discrimination in mortgage lending ... This bill is a victory for banks and their lobbyists over the interests of virtually everyone else.
The biggest U.S banks , one researcher reported, "made $2.5 bn from [Trump's] Tax Law in one quarter. After the law was passed, Gary D. Cohn, former CEO of Goldman Sachs, resigned as adviser to President Trump."
Ah, how sad for Gary. Back to the office grind.
And bonuses!
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