Trump Appoints Yet Another Deregulator - This Time to the FDIC

Jelena McWilliams will be the new FDIC director and this will mean a "slaughter" of the remaining banking regulations, which will already be significantly weakened via a new law to be passed soon by Congress, says former financial regulator Bill Black

[SapoArdente]

The level of corruption and degradation is making me anxious and depressed.

[aleaiactaest]

Just outstanding interview and great education.

[minimom]

Thank you! Brilliant explanation that keeps it simple for those of us who are not involved in finance

[awaltrip]

McWilliams' wikipedia bio makes her look like a war refugee from Yugoslavia who brought her parents to the US in the '90s instead of what is implied in this piece which depicts her as a daughter who rode the coat tails of her finance and financial law parents. Which one is correct?

[learnedhand]

5th 3rd bank.... This reminds me of my church The 103rd 22nd Church of Bob Dobbs, we are the second church of our sect in whirled history, and are planning on branching out to 1 more church in Walla Walla, Washington. Surprisingly, we have far greater vision than anyone steering the Colossus US economy. Bill Black's book _The Best Way To Rob A Bank Is To Own One_ has even greater significance in today's economy than ever before. If only economic impacts happen over short periods of time, instead of 5 - 10 years. Perhaps then we would take economic policy that much more seriously. Unfortunately most Americans have the memories of goldfish...