Econintersect: William K. Black, appearing on Jessica Reports, The Real News this week, charged that a bill just passed by the House of Representatives was almost entirely written by Citigroup. The bill, which passed with support from both parties, received a veto proof majority. According to Black, the Bill would remove some important provisions of the 2010 Dodd-Frank Act regarding banking regulation that would help prevent future government bail-outs of banks.
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The video is 7 1/2 minutes long.
Black has contributed to Global Economic Intersection, most recently Economics Could be a Science If …
