Tuesday, October 8, 2019

Is the U.S. Congress Too Beholden to the Financial Industry?

That financial deregulation had any traction at all following the financial crisis of 2008 in the U.S. is stunning, for the implication is that Wall Street money has tremendous influence in the U.S. Governent even after Wall Street banks have screwed up (even in triggering a financial crisis!). 


CFTC Chairman Gary Gensler staring down the big banks  

The full essay is at "Is Congress Owned by the Banks?"