The Federal Reserve is one of those institutions that everyone has heard of but no one really cares to talk about. Sure, you’ll have the odd conversation with your friend about rising interest rates and how that means something, probably, but are you really passionate about it? Do you get the same rush to open […]
Tag: banking
Lights, Camera, Deregulation! Big Banks Get Their Big Break
[vc_row][vc_column][vc_column_text]Tackling one of America’s most dire, pressing issues, Congress turned its attention in March away from passé, low-stakes issues like gun control and immigration to — you guessed it — banking reform. By May 22, the House passed the duplicitously-named Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA), a law that will roll back aspects of the […]