• Archives

  • Blog Stats

    • 668,997 hits
  • Categories

Regulation Is Killing Community Banks – Public Banks Can Revive Them — WEB OF DEBT BLOG

Crushing regulations are driving small banks to sell out to the megabanks, a consolidation process that appears to be intentional. Publicly-owned banks can help avoid that trend and keep credit flowing in local economies. At his confirmation hearing in January 2017, Treasury Secretary Stephen Mnuchin said, “regulation is killing community banks.” If the process is […]

via Regulation Is Killing Community Banks – Public Banks Can Revive Them — WEB OF DEBT BLOG

This blog post is not surprising as Senator Dick Durbin once said in discussing the United States Senate that the banks “Frankly own the place”.

Advertisements

What is your opinion?

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: