Global Financial Crisis Archives

NOVANEWS Following Donald Trump's comments on rolling back the Dodd-Frank Act, protesters demonstrate near Federal Reserve Bank of New York, February 7, 2017.ANIK RAHMAN / NURPHOTO VIA GETTY IMAGES BY C.J. Polychroniou Truthout Ten years after the last financial crisis, Republicans — with backing from many Democrats — have made sure that Wall Street can return to its old ways of doing business by repealing the Dodd-Frank Act, which acted up to now as a very mild regulatory regime to rein in the predatory nature of financial capital. The decision to repeal Dodd-Frank was justified on the grounds that it put a break on economic growth. Gerald Epstein, professor of economics and co-director of the Political Economy Research Institute at the University of Massachusetts ...

NOVANEWS Following Donald Trump's comments on rolling back the Dodd-Frank Act, protesters demonstrate near Federal Reserve Bank of New York, February 7, 2017.ANIK RAHMAN / NURPHOTO VIA GETTY IMAGES BY: C.J. Polychroniou Truthout Ten years after the last financial crisis, Republicans — with backing from many Democrats — have made sure that Wall Street can return to its old ways of doing business by repealing the Dodd-Frank Act, which acted up to now as a very mild regulatory regime to rein in the predatory nature of financial capital. The decision to repeal Dodd-Frank was justified on the grounds that it put a break on economic growth. Gerald Epstein, professor of economics and co-director of the Political Economy Research Institute at the University of Massachusetts at Amh...

Tag: Global Financial Crisis

Goodbye Regulations, Hello Impending Global Financial Crisis

Goodbye Regulations, Hello Impending Global Financial Crisis