Post Tagged with: "speculation"

New York Stock exchange

The Fed Stokes “Bancomania”

by Nancy Spannaus Nov. 1, 2018—It should be no surprise that at its Oct. 31 (Halloween) meeting, the Federal Reserve decided to loosen regulations not only for the banks with a $250 billion net worth, but also for those with assets up to the $700 billion level. This decision reflects […]

by November 1, 2018 News
FDR signing Glass-Steagall in June 1933.

Reinstating Glass-Steagall: A National Imperative

Sept. 28, 2018–The following memorandum, currently being used in Northern Virginia for mobilization in Congress, provides an updated summary of the necessity for the reinstatement. The legislation currently before the Congress has 8 sponsors in the Senate (down due to the death of Sen. John McCain), and 57 in the […]

by September 28, 2018 Features, Glass-Steagall