Is the 2015 spending bill a gift to big banks?
Clip: 12/18/2014 | 8m 25s
Is the 2015 spending bill a gift to big banks?
Tucked into the new federal spending bill that passed this week was a provision to loosen banking regulations on hedges known as derivatives or swaps, rolling back part of the Dodd-Frank Act that was enacted after the financial crisis. Dennis Kelleher of Better Markets and Mark Calabria of the Cato Institute join Hari Sreenivasan for a discussion on what the bill means for banks.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
Is the 2015 spending bill a gift to big banks?
Clip: 12/18/2014 | 8m 25s
Tucked into the new federal spending bill that passed this week was a provision to loosen banking regulations on hedges known as derivatives or swaps, rolling back part of the Dodd-Frank Act that was enacted after the financial crisis. Dennis Kelleher of Better Markets and Mark Calabria of the Cato Institute join Hari Sreenivasan for a discussion on what the bill means for banks.
Problems playing video? | Closed Captioning Feedback
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...