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Wall Street Can Now Run Wild


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2016 Nov 15, 8:03am   1,682 views  6 comments

by finehoe   ➕follow (0)   💰tip   ignore  

Mary Jo White, the head of the Securities and Exchange Commission, on Monday announced that she would step down two years before the end of her term, clearing the way for President-elect Donald Trump to reshape the way Wall Street is regulated.

The resignation creates a massive opportunity for Trump early in his term to make changes to investor protections and other Wall Street regulations, part of what is widely expected to be a broad effort by the new administration to scale back what Republicans consider cumbersome federal rules that slow economic growth.

https://www.washingtonpost.com/business/economy/2016/11/14/b1dc4058-a91a-11e6-8fc0-7be8f848c492_story.html

Comments 1 - 6 of 6        Search these comments

1   Tenpoundbass   2016 Nov 15, 8:09am  

She's got to get home and pack Trump wasn't fooling when he said he was going to create special prosecution.

2   finehoe   2016 Nov 15, 10:44am  

Tenpoundbass says

She's got to get home and pack Trump wasn't fooling when he said he was going to create special prosecution.

Because anyone who tries to rein in Wall Street needs to be prosecuted?

3   Peter P   2016 Nov 15, 11:08am  

Watch HFT activities.

4   NuttBoxer   2016 Nov 15, 11:24am  

finehoe says

Wall Street Can Now Run Wild

Your English is a little off. You meant to say "continue" instead of "now". Or did you think Glass Steagall was passed under Obama?

Or maybe you thought we went off gold under Bush? Or the Federal Reserve Central Bank was created under Clinton? Or that silver backed currency was abandoned under Reagan?

5   MisdemeanorRebel   2016 Nov 15, 11:29am  

They weren't running wild over the last 8 years?

6   dublin hillz   2016 Nov 15, 11:46am  

Thunderlips is Tovbot2 says

They weren't running wild over the last 8 years?

My 401K says they ran very well like Usain Bolt!

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