In a recent Senate hearing, Janet Yellen said the quiet part out loud. Systemically important banks aka big ones with political conditions will always be bailed out by the government, but not smaller community banks.
Paul Gosar: “In a recent Senate hearing, Janet Yellen said the quiet part out loud. Systemically important banks aka big ones with…”
Editor's note · Context
Gosar criticizes the bailout policy favoring large banks over smaller ones.
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