Jump to content

On Rick Perry’s Plan to Reform Wall Street


Draggingtree

Recommended Posts

Draggingtree

on-rick-perrys-plan-to-reform-wall-street:
On Rick Perry’s Plan to Reform Wall Street

 

James Pethokoukis July 31, 2015

 

Rick Perry has a financial reform agenda (via The Hill):

 

Former Texas Governor Rick Perry is taking a position to Hillary Clinton’s left on financial reform, and pushing for a policy to break up big banks staunchly advocated by Sen. Elizabeth Warren (D-Mass.). The GOP presidential candidate laid out his vision for Wall Street reform in a speech Wednesday. And among his policy proposals, Perry apparently advocated for the return of the Glass-Steagall Act, which established a firewall between traditional commercial banking and investment banking. … In remarks delivered in New York, Perry did not mention Glass-Steagall by name, but floated among several policy proposals one that is practically identical. … Perry also floated an alternate idea of requiring large banks to hold additional capital as a cushion, but the idea of cleanly separating commercial and investment banking was a signature provision of Glass-Steagall. Scissors-32x32.png


Anyways, here is the Perry campaign fact sheet.


Scissors-32x32.png


Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • 1716028467
×
×
  • Create New...