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Senate Banking Committee Hears Complaints About Big Banks From MillerCoors
Thursday, July 25, 2013 - 9:03am | 583Instead of “David versus Goliath,” the Senate Banking Committee had to sort out a “Goliath versus Goliath” scenario Tuesday, according to Reuters. Big aluminum buyers, represented by the second largest brewer in the U.S., charged that the largest banks in the country drove up their costs by...
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Sen. Elizabeth Warren (D-MA) Defends 21st Century Glass-Steagall Act
Friday, July 12, 2013 - 2:07pm | 465Tougher regulation is needed for the too-big-to-fail banks says Sen. Elizabeth Warren (D-MA) on CNBC's Squawk Box Friday morning. Glass-Steagall Act was repealed in 1999, but before then, it's history was rich with banking opposition. Warren said that it dates back to the Great Depression. In...