Discover and read the best of Twitter Threads about #bigbanks

Most recents (4)

1/ Draft of a Congressional bill titled "Keep Big Tech Out of Finance" Act is significant.
Note out this announced is right on the heals of Trump tweeting his feelings about #Bitcoin and #Cryptocurrency in general and specifically called out #Facebook #Libra...
2/ FB jumping in the financial industry with their 2billion userbase to tap into *is* a wakeup call. They laughed at #Bitcoin because it was small, but with FB they see a threat.

I'm no fan of #ZuckBucks but I think the #Crypto industry needs to get on #TeamFB with this bill.
3/ This knee jerk reaction to #BigBanks not liking their domain being disrupted by #BigTech, so they're getting Congress involved. It's clearly an overreach in govt trying to coddle #BigBanks, a relationship that needs to seperated more through disruptive tech, not less.
Read 8 tweets
Rep. #TulsiGabbard Votes Against Bailing Out Wall Street Banks
Date: Dec. 11, 2014
voted against the FY 2015 omnibus spending bill, citing "once again serve #WallStreet & the big banks at the expense of the American taxpayer."
The bill passed by 219-206.
votesmart.org/public-stateme…👈
"There are Two Kinds of People Serving in Congress--those who are here to serve the interests of the American people, & those who are here to serve the interests of the #BigBanks & #WallStreet speculators"~Rep #TulsiGabbard Floor Speech
Date: Dec 11, 2014
votesmart.org/public-stateme…
Rep #TulsiGabbard Votes to Protect Consumers & Hold Big Banks Accountable
Date: Oct. 30, 2013
Tulsi Gabbard voted against a bill that would weaken consumer protections against risky bank practices
The bill passed the House by a vote of 292-122
votesmart.org/public-stateme…👈
#Tulsi2020
Read 4 tweets
Thread on Stanley Fischer, who's mentioned in this Grassley letter to Mnuchin.

Stanley Fischer was Federal Reserve Vice Chairman in 2015 when he met w/ Russians Maria Butina & Alexander Torshin and Nathan Sheets, then-Treasury undersecretary for international affairs

#Spygate
Fischer previously served as Governor of Bank of Israel 2005 to 2013
and Chief economist World Bank

Obama nominated him for Vice-Chair of the Fed on January 10, 2014

Fischer announced his resignation on September 6, 2017 for "personal reasons" (uh huh)

en.wikipedia.org/wiki/Stanley_F…
Fischer had already previously served as Vice Chairman of Citigroup, President of Citigroup International, and Head of the Public Sector Client Group.

He also stepped down as governor of the Bank of Israel on June 30, 2013, halfway into his 2nd term.
Read 18 tweets
Thought I would share some history of our #Press and perhaps some of the ppl behind it so we can understand how it became #FakeNews "The first American press was the partisan press, underwritten and dictated by the political parties."
"The third wave in American journalism—that of the foundation press—may be taking form now thanks to Bay Area billionaires Herbert and Marion Sandler. Waving $10 million that they promise to replenish annually"
"The Sandlers have founded the nonprofit ProPublica to produce investigative journalism. (Usual suspect the John D. and Catherine T. MacArthur Foundation is also chipping in some money to the ProPublica kitty, as are the Atlantic Philanthropies and the JEHT Foundation.)"
Read 22 tweets

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