Banking experts are pointing out that Silicon Valley Bank might have been able to handle interest rate pressures if Trump and congressional Republicans hadn’t rolled back Dodd-Frank banking regulations.
While the country hung on every word of James Comey’s testimony before the Senate Intelligence Committee on Thursday morning and then spent the rest of the day analyzing the Senators questions and his responses and the implications for the Trump/Russia investigation, House Republicans were quietly stripping away protections of the momentous Dodd-Frank Act.
Paul Ryan Ignores the Wells Fargo fraud scandal and instead accusing Dodd-Frank of killing free checking accounts
“Because of the severity of these violations, Wells Fargo is paying the largest penalty the CFPB has ever imposed.”
With Americans getting so much protection from a couple of Obama recess appointments, it is no wonder Republicans are livid.