We could address the to-fail part by trying to eliminate all the different ways that massive financial institutions could take on too much risk, or we could address the too-big part of it by breaking up the biggest banks so that even if they did take on too much risk we could let them fail without worrying that they would bring down the whole economy.
Warren discusses solutions to the too-big-to-fail problem in banking.
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Trump is thumbing his nose at Congress and enabling Vladimir Putin to continue his war of aggression.
I have spent the last year calling on Donald Trump’s financial regulators to launch investigations into the big banks and executives who may have enabled Jeffrey Epstein’s horrific crimes.
At the same time that it is refusing to invest in workers at its existing facilities in New England, the company is pouring money into its new ventures, including a casino in the United Arab Emirates.
Since the big banks won’t hold themselves accountable – and the Trump administration won’t either – Congress must act to force real transparency and accountability for them and their executives who enabled Jeffrey Epstein’s crimes.
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