Greenies go for Glass Steagall Act

 Greenies go for Glass Steagall act.  We can finance all the new energy projects from nuclear power to solar and wind with credits from a new National Bank, and protected by Glass Steagall act bank separation.  Glass Steagall Act in a global warming frenzy.... whatever the weather or environment.

  White House Press Secretary Sean Spicer says that Glass Steagall Act bank reorganization is still on the list of things to do of Pres. Trump.  Onwards to Larouche's 4 laws of economic progress.  Ready to groove with China's One Belt One Road (Obor). Trump with Russia and China at the Brics meeting in May in Beijing.... cool.

• Dan Primack
• 21 hrs ago

Spicer: Trump still wants Glass-Steagall back

Manuel Balce Ceneta / AP

Sean Spicer said during today's White House press briefing that President Trump remains committed to restoring Glass-Steagall, which effectively prohibits commercial banks from engaging in investment banking. The rule originally became law in 1933, but most of it was rescinded in 1999.
The Republican Party platform last summer called for establishing a more modern version of Glass Steagall, but did not provide specifics. The Democratic Party platform also called for a return of Glass Steagall.

Confusing: Trump also has aimed fire at financial regulations like Dodd Frank, part of which acted as a backdoor reinstatement of Glass Steagall principles.