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Congress wants to gut Dodd-Frank banking regulations, a decade after a global meltdown -

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The tax bill was not enough to bankrupt this nation, so "Congressional lawmakers are priming a gift for Wall Street banks and the private financial sector, as more than a dozen centrist Democrats are expected to help Republicans deliver a significant blow to Dodd-Frank.A procedural vote to scale back banking regulations is set for this Tuesday in the Senate, only 10 years after the Great Recession — caused by some of the regulations that Dodd-Frank hoped to address.  Many centrist Senate Dems are looking to show bipartisanship as they are faced with reelection this year. In their opinion, they have supported the bill on the grounds it will provide relief to smaller banks that have been over-regulated." This is not true! The Main Street banks, community banks & credit unions didn’t create the crisis in 2008, and they were NOT heavily regulated!" 

Free vector graphic: Money Bag, Bank Robbery, Hand - Free Image on ...617 Ã-- 720 - 47k - png
Free vector graphic: Money Bag, Bank Robbery, Hand - Free Image on ...617 Ã-- 720 - 47k - png
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Susan Lee Schwartz Social Media Pages: Facebook Page       Twitter Page       Linked In Page       Instagram Page

I began teaching in 1963,; Ba and BS in Education -Brooklyn College. I have the equivalent of 2 additional Master's, mainly in Literacy Studies and Graphic Design. I was the only seventh grade teacher of English from 1990 -1999 at East Side (more...)

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