Tuesday, February 07, 2017

Ultra-Big Bank Win

The headline will tell you all you need to know.

If you like dealing with Chase, USBank, Citi, and WellsFargo, that's good, because they will do everything in their power to keep the Dodd-Frank regulatory scheme in place.

It kills off the competitors.

We note that the "free trade" Republicans don't really like all that "free trade" when it comes to the banks.  Surprised??

2 comments:

Anonymous said...

this article would agree with your position

https://www.aei.org/publication/the-dodd-frank-acts-effects-on-financial-services-competition/

Anonymous said...

This one supports your position as well

http://www.cnbc.com/id/100431660