Date: 5th October 2016
Author:

In its latest Newsletter, Better Markets reflects on Obama's State of the Union speech of 21st January 2015. The Washington DC based public-interest organization applauds Obama's resolve to use his veto to prevent attacks to weaken or kill financial reform:

As the President recognizes, it is vital to the strength of our nation that financial reform not be weakened or killed. That includes protecting the ability of trained public servants, with expertise and experience, to prevent another crash by applying tailored and targeted regulations. In addition, they must be provided with the funding necessary for them to do their jobs. Those civil servants are the cops on the Wall Street beat and the only alternative would be to let Wall Street police itself again, but that ended in disaster last time.

Visit Better Markets website here.