that we re not, the financial crisis is a living memory. and it was a story of a really horrible incentives baked into the system that led the big banks to do things they shouldn t have done and brought them to their knees. and now we re trying to let them loo loose. what would you say is the single biggest thing at risk in some of the biggest proposals you ve heard about what they want to do to dodd frank? well, you know, there have been so many things said. if i was monitoring it from afar and not willing to read the dodd frank regulation, and a concerned citizen, i would watch first. they don t change leverage requirements on banks. the equity requirement should be even a greater than they are. at the very least, they would not be reduced. the vocal rule. some republican dozen say the
badly lose that election a few days from now. the dutch prime minister has been accused of bowing to the pressure because the election is js the around the corner. strong words in response from erdogan. he threatens the harshest response to the netherlands. they are both members of nato. so anything even coming close to out and out aggression is, of course, out of the question. we are likely to see some sort of economic sanctions perhaps recalling diplomatic personnel. who knows. it certainly is an unprecedented diplomatic row. something like this. in living memory, we haven t seen anything like this. i can t remember the last time a minister of a foreign government was arrested and escorted out of the country anywhere in europe in living memory. it is not just netherlands.
get rid of dodd/frank. and what does that mean? it s unclear what s unclear to me is if the people who he has brought in, the goldman sachs people, have any ability to talk to him about the details of the subject at hand. i mean, i don t even know what they want to do. it s not clear that they want to get rid of dodd/frank. there are probably some regulations that could be fine-tuned. but trump, the noise they ve made about, like letting the banks loose is insane. i don t think anybody is ever actually going to do that. i think we re going to get to a moment with financial regulation essentially what he has done with health care where he says oh, i didn t realize it was so complicated. and maybe not much will happen. but it is it s breath taking that we re not the financial crisis is a living memory. and it was a story of really horrible incentives that were baked into the system that led
i think we re going to get to a moment with financial regulation essentially what he has done with health care where he says oh, i didn t realize it was so complicated. and maybe not much will happen. but it is it s breath taking that we re not the financial crisis is a living memory. and it was a story of really horrible incentives that were baked into the system that led the big banks to do things they really shouldn t have done and brought us all to our niece. and we re now talking about trying to let them loose seems to me insane. but who knows what they re going to do. what would you say, michael, is the single biggest thing at risk in some of the proposals you ve heard what republicans want to do to dodd/frank? you know, there have been so many things said. if i was monitoring it from afar, not wanting to read the dodd/frank regulation and i just as a concerned citizen, i would watch first, they don t change the leverage requirements on
at every president in my living memory, their hair turns white during their time in the white house. that s a measure of the responsibility of this job. i can t believe it s not going to affect donald trump. well, senator, i know you have to head into that meeting. the room is filling up. i can tell you one thing, i m pretty sure at the end of four years, donald trump s hair color is still going to be orange. thank you so much for joining us this morning. i know you have to head into that meeting, because any minute now, the hearing on russia s interference in our election will begin. we ll take you there live when it begins. this is 100% useful for a 100% fresh mouth.. what s it like to not feel 100% fresh? we don t know. we swish listerine®. as do listerine® users. the very people we studied in the study of bold. people who are statistically more likely