Tag: big banks

In a world where Republicans have already been bought and paid for, there is no room for Democrats who act in bad faith.

Think about this: the world's most bloated financial giants are growing even fatter and richer off the backs of people who are already broke.

The foundation of an economy is money. And if the creation, value and availability of that money are controlled by few elites instead of a free market then it doesn’t matter how complex and a giant system we build.

The dichotomy fueled by ongoing money conjuring policies can’t end well; it can only result in another crisis.

But activist groups say that’s not enough: There’s no resting, even after divestment victories.

Glass-Steagall or another economic meltdown?

What does it mean to be in favor of 21st century Glass-Steagall if it doesn’t mean breaking apart banks?

Keith Noreika helped big banks avoid state laws protecting consumers. As head of the Office of the Comptroller of the Currency, he now has the power to override those state laws.

While it is unclear whether Trump’s plans are serious, it’s worth considering what breaking up the banks could mean for typical bank customers.

Not the American one, but Trump’s.