Tag: big 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.
We haven’t even scratched the surface of the many many years and billions if not trillions of dollars scammed, tricked, kicked (hard) and stolen, and the harm done to the middle and working class.
If and when U.S. regulators announce a probe, there could be questions about federal officials’ own conduct in the affair.
Without these institutions, The GEO Group and CoreCivic would be in trouble—which is what advocates for divestment want.
Americans won’t be safe until all fraudulently-inclined institutions are discredited and their leaders are replaced.