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Vitter, Brown Introduce “Too Big To Fail” Legislation
Posted By Barry Ritholtz On May 2, 2013 @ 5:00 am In Bailouts,Regulation,Video | Comments Disabled
Sherrod Brown (D-Ohio), along with unlikely ally Sen. David Vitter (R-La.), is launching an effort to break up the big banks and release their hold on politicians and the American economy. But how will he manage such an arduous task? What is the Obama administration’s take on this? Are there any politicians willing to join in the effort to stop the “too big to fail” mentality and stop subsidizing the banks? What progressive efforts can be passed in the Senate?
Vitter interview on BLoomberg
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