Senators Reach Bipartisan Deal to Modify Dodd-Frank Reforms
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  Senators Reach Bipartisan Deal to Modify Dodd-Frank Reforms
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Author Topic: Senators Reach Bipartisan Deal to Modify Dodd-Frank Reforms  (Read 1224 times)
Frodo
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« on: November 14, 2017, 09:01:00 AM »

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https://www.politico.com/story/2017/11/13/senate-banking-rules-244857
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mvd10
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« Reply #1 on: November 14, 2017, 09:15:09 AM »

Interesting. A bipartisan tweak to Dodd-Frank seems to be the best option. I'm not a fan of the Republican approach (slashing it all and pretending nothing happened in 2008) but I also strongly oppose implementing new populist stawman regulations (cough Glass-Steagall cough). Regulators should take a closer look at shadow banks though, if a financial crisis has to happen I think non-financial (and thus unregulated) entities performing financial services will be one of the key reasons. The shadow banking sector is huge.
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Kingpoleon
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« Reply #2 on: November 14, 2017, 05:27:51 PM »

Who are the eight Democrats? Heitkamp, Donnelly, and who else?

I probably support this. Awaiting a few details.
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Antonio the Sixth
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« Reply #3 on: November 14, 2017, 06:57:30 PM »

Primary these f**kers.
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Cashew
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« Reply #4 on: November 14, 2017, 08:11:55 PM »
« Edited: November 14, 2017, 08:14:58 PM by Cashew »


The only one on the list worth doing that to is Warner, the rest are only surviving due to enternchment, something a challenger would lack. This makes them nigh untouchable by the left unfortunately.
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Frodo
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« Reply #5 on: November 14, 2017, 09:07:59 PM »

Surely everyone would agree that since small, community banks were not the ones who precipitated the financial crisis in the first place, that they shouldn't be penalized for it.  That's the one part of this deal that I am on board with. 
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Dr. MB
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« Reply #6 on: November 14, 2017, 11:16:00 PM »

Surely everyone would agree that since small, community banks were not the ones who precipitated the financial crisis in the first place, that they shouldn't be penalized for it.  That's the one part of this deal that I am on board with. 
Agree, but not for the big banks.
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Frodo
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« Reply #7 on: November 14, 2017, 11:48:31 PM »

Surely everyone would agree that since small, community banks were not the ones who precipitated the financial crisis in the first place, that they shouldn't be penalized for it.  That's the one part of this deal that I am on board with. 
Agree, but not for the big banks.

With Donald Trump in office, and an all-Republican Congress, this may be the best we can get if we want to help these small banks out. 
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heatcharger
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« Reply #8 on: November 14, 2017, 11:54:42 PM »

Enough is enough. Stop attacking private equity. Stop attacking Jeremiah Wright. I might have to join the pro-business, anti-racism faction of the GOP.
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