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By Golly! The Donald Gets The Fed’s War On Savers
davidstockmanscontracorner.com / By Kevin Cirilli and Bob Cusack at The Hill 
/
GOP presidential frontrunner Donald Trump warned The Hill in an exclusive interview of a looming economic recession, arguing that the stock market has already entered into another bubble.
He also slammed the 2010 Dodd-Frank Wall Street reform law as a “disaster” that has stifled economic growth.
“It’s terrible,” he said in an interview with The Hill, saying that he would “absolutely” repeal it.
“Under Dodd-Frank, the regulators are running the banks,” Trump said. “The bankers are petrified of the regulators. And the problem is that the banks aren’t loaning money to people who will create jobs.”
Democrats have vehemently defended Dodd-Frank, claiming it strengthened regulators’ ability to go after Wall Street and financial institutions in hopes of preventing an economic collapse. Republicans say it went too far and punished small businesses.
The post By Golly! The Donald Gets The Fed’s War On Savers appeared first on Silver For The People.
Source: http://silveristhenew.com/2015/10/15/by-golly-the-donald-gets-the-feds-war-on-savers/
