Post Tagged with: "S. 2155"

Fed Chairman Jerome Powell at his swearing-in (federalreserve.gov)

Will the Fed Deregulate Us Into a New Major Crisis?

October 30, 2018—Tomorrow, according to an Oct. 29 report in the American Banker, the Federal Reserve Board of Governors is expected to take up the matter of implementing S. 2155, the major banking deregulation bill that was passed in the spring of this year. “Specifically, the Fed will unveil details […]

by October 30, 2018 News
Olivier Sarkozy of the Carlyle Group, a beneficiary of recent deregulation. (wikimedia commons)

Wall Street Deregulators Are on a Roll

April 2, 2018—Wall Street is racking up wins in Congress that are sure to increase the risk of the widely forecast next financial blowout. In addition to the passage of S. 2155 , which loosened capital and reporting requirements for 25 of the 38 largest banks in the United States, […]

by April 2, 2018 News Shorts
The Bank of New York Mellon, one of the huge banks aided by S. 2155.

News Shorts for March 19-25, 2018

  New Bank Deregulation Bill Would Hasten New Financial Crash March 18, 2018—If you listen to the apologists for S. 2155, the bank deregulation bill that passed the U.S. Senate 67 to 31 on March 14, you will be told that this legislation is being passed as a boon to […]

by March 18, 2018 News Shorts