Post Tagged with: "Thomas Hoenig"

Senator Sherrod Brown

Americans for Financial Reform Puts Spotlight Back on Wall Street

By Angela Vullo July 26, 2018–Not since the movie “The Big Short” has Wall Street been so exposed as the enemy of the American public. In a rare performance, in the Hart Senate Office Building on July 24, truth was told in a forum on the economy on Capitol Hill.  […]

by July 26, 2018 Comments are Disabled News
Departing FDIC Vice-Chair Issues a New Warning

Departing FDIC Vice-Chair Issues a New Warning

April 14, 2018–Former Vice-Chairman of the Federal Deposit Insurance Corporation (FDIC) Thomas Hoenig issued what might be his final public warning against disastrous risk in the deregulated banking system on April 2. On that day, the last of his term, Hoenig spoke with S&P Global Market Intelligence and sharply criticized the […]

by April 14, 2018 Comments are Disabled News Shorts
Former FDIC chair Sheila Bair

FDIC Officials Warn Against Further Deregulation

March 25, 2018–Experienced officials of the Federal Deposit Insurance Corporation (FDIC) have made it clear once again: It’s the height of stupidity to further loosen banking regulations. Former FDIC Chairman Sheila Bair made her comments to Barron’s magazine  on March 1, but they continue to garner coverage in the financial […]

by March 26, 2018 Comments are Disabled News Shorts
Trump OCC Official Campaigns Against Glass-Steagall: Community Bankers Protest

Trump OCC Official Campaigns Against Glass-Steagall: Community Bankers Protest

Nov. 13—While top Trump Administration officials such as National Economic Adviser Gary Cohn and Treasury Secretary Steve Mnuchin have already made it clear that they oppose reintroduction of Glass-Steagall, last week an Administration spokesman went further. Acting Comptroller of the Currency Keith Noreika took to the hustings to actively campaign […]

by November 13, 2017 Comments are Disabled Glass-Steagall, News
Where the Big Six U.S. megabanks are spending their money: derivatives gambling.

FDIC Vice-Chair Blasts Wall St’s Failure to Invest in the Economy; The Next Step Should Be Glass-Steagall

“Government by organized money is just as dangerous as Government by an organized mob.”—Franklin Delano Roosevelt, 1935 or 1936 Aug. 8, 2017—Wall Street speculators have taken two verbal hits this week. That’s all fine and good, but what’s lacking is effective action to protect the U.S. banking system from an […]

by August 9, 2017 Comments are Disabled Glass-Steagall, News