the problem is, of course, that once you extend this protection of the bank holding company status to the investment banks, which was done in the fall of 2008, Goldman Sachs and Morgan Stanley became bank holding companies, that has come historically with a lot of restrictions.
Johnson explains the implications of extending bank holding company status.
Share & report
More from Henry Johnson
This year's National Defense Authorization Act helps advance President Trump and Republicans' Peace Through Strength Agenda by codifying 15 of President Trump's executive orders, ending woke ideology at the Pentagon, securing the border…
Everybody here, all the Republicans, want to go on record to show we’re for maximum transparency.
Other voices in this conversation
