6 votes

US Federal Reserve votes to ease rule aimed at preventing big banks from making risky financial bets

2 comments

  1. [2]
    Scarbane
    Link
    As the end of the article states: So there's still time to make a hullabaloo about this...though that may be difficult when the news cycle is filled with scandal after scandal from the Trump...

    As the end of the article states:

    Along with the Federal Reserve, four other banking regulators, including the Federal Deposit Insurance Corp. and the Commodity Futures Trading Commission, must also approve any changes to the rule. The FDIC is expected to vote Thursday.

    So there's still time to make a hullabaloo about this...though that may be difficult when the news cycle is filled with scandal after scandal from the Trump administration.

    2 votes
    1. Lazarus
      Link Parent
      Hmmmm~ almost like it is distracting on purpose that way, isn’t it?

      though that may be difficult when the news cycle is filled with scandal after scandal

      Hmmmm~ almost like it is distracting on purpose that way, isn’t it?

      1 vote