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Friday, December 22, 2017

McConnell back on bank reform


Looks like McConnell not getting caught up in all the tax cut hoopla and dropping the ball wrt bank reform; looks like he is on it:




Higher risk of a big negative development without it.


4 comments:

  1. Bank reform by the GOP will include massive deregulation. I don’t see how that would be a positive development.

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    Replies
    1. The Libertarian Delusion | BillMoyers.com http://bit.ly/2CZhRPo

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  2. They have to negate the requirement for banks to have to maintain capital against risk free assets like reserves and Treasuries...

    Without that reform every time the govt makes some moves in their conduct of their idiot monetary policy they risk a credit contraction and a crash...

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  3. Entitlement reform, they're not wasting any time. Goodbye Medicare. Alas I never knew ye.

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