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Congress Passed Legislation Making the Treasury Secretary the Boss of the Federal Reserve During a Financial Crisis: That's Creating Its Own Crisis


Trending Articles:
Congress Passed Legislation Making the Treasury Secretary the Boss of the Federal Reserve During a Financial Crisis: That’s Creating Its Own Crisis
Published: December 28, 2020
Following the financial crisis of 2007 to 2010, President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act into law on July 21, 2010. At the time, Democrats controlled both houses of Congress and could have put teeth into the law, had they chosen to do so. The Act did 
not reform Wall Street nor did it protect American consumers from the looting practices of the Wall Street banks.
Dodd-Frank allowed Wall Street’s private justice system to continue, where both customers and employees must waive their rights to bring claims in a court of law; it allowed Wall Street banks to continue using depositors’ money to make wild gambles in derivatives; it permitted Wall Street banks to continue buying triple-A credit ratings from the ratin ....

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Detailed text transcripts for TV channel - CNN - 20170403:08:42:00

Between $252 milli,000,611 mill. cone is director of the national economic council and very close advisor to president trump. for years covering business in government they called it government sachs. when you have all that money the next step is government. and this is the wealthiest cabinet in the history of this country. what s behind all the tough talk? we ll go live to moscow next. ....

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Detailed text transcripts for TV channel - CNN - 20170403:09:41:00

Michael flynn did not include speaking fees. he was paid to speak for a state funded russian flynn s lawyer says the first filing was a draft. and gary cone filed $75 million in income, that s income. he disclosed a number of stock holdings, he is the economic director. also known why goldman sachs is also known as government sachs. one wealthy cabinet. ahead president trump warning china to stop north ....

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