Mark Warner: The importance of fixing "too big to fail"
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Warner is simply spouting the Party line. This bill will benefit no one but the big banks, because it protects them against competition and gives them an excuse for offering any new products. The CFPA will set up a lengthy, burdensome process for having any new services approved and inject the political process into what gets approved. That was a major factor in the meltdown before and is a bad idea now.
vonschteiben 1 year ago
The bailouts of financial companies in 2008 and 2009 was a criminal act by both democrats and republicans. They sold out the average American for the special interests to which they are beholding.
Congress needs to become honest! How do we do it!
trime1851 1 year ago