Chilton: Congress is basically launching a ‘flamethrower’ at financial regulations
- Plans to roll back financial regulations are “disastrous and deeply dangerous.”
- The House’s CHOICE Act would take a flame thrower to laws regulating the financial industry, the ashes of which could wreak havoc on the system — and the economy.
- The Senate and president should recall what occurred leading up to 2008 before making a monumental mistake by adopting the CHOICE Act.
Commentary on CNBC by Bart Chilton, a political and policy commentator. He is the former U.S. Trading Commissioner and author of “Ponzimonium: How Scam Artists Are Ripping Off American.” He served on the Obama transition team in 2007-2008.
The full article is available at http://www.cnbc.com/2017/06/23/congress-is-basically-launching-a-flamethrower-at-financial-regulations-commentary.html
December 14, 2016
October 6, 2015
July 29, 2015