That is the Greenspan rule. That is exactly the theory that Alan Greenspan used to justify deregulation of the financial regulatory structure that we had.
Sheldon Whitehouse: “That is the Greenspan rule. That is exactly the theory that Alan Greenspan used to justify deregulation of the financial…”
Editor's note · Context
Whitehouse critiques deregulation theory linked to financial disasters.
Share
More from Sheldon Whitehouse
The fossil fuel-captured EPA’s decision to end its regulation of greenhouse gas emissions from power plants is a tragic and expensive mistake.
Most of the dealbreaker humps we’re over, but now it’s refining the language, taking raw agreements into legislative texts and figuring out what schedule for voting succeeds.
President Trump’s 2017 tax law and Big, Beautiful-for-Billionaires bill handed billionaires and big corporations massive tax breaks on private jets. The Trump administration now says it would be ‘burdensome’ to close the private jet tax…
This is a hugely important milestone but there are two big pieces of work in front of us.





