Joe Sestak

@JoeSestak ↗

Deleted No

Hibernated No

Last Checked Sept. 30, 2019

Created

Mon Sep 16 14:46:34 +0000 2019

Likes

Retweets

Source

Twitter Web App

View Raw Data

JSON Data

View on Twitter

Likely Available

Joe Sestak @JoeSestak

...instead of simply providing credit and sound money management to people and businesses — the main purposes of banks. The changes go beyond mere "simplification" (which was needed): it ends oversight of some 25% of previously covered transactions (worth $600 billion)... — PolitiTweet.org

Posted Sept. 16, 2019

Preceded By

Joe Sestak @JoeSestak

The @CFTC meets today to decide on the Trump administration's plan to erode the Volcker Rule, which prevents federally-insured banks from making speculative investments to make short-term profits for themselves... https://t.co/dXX6ozGWq5 — PolitiTweet.org

Posted Sept. 16, 2019

Followed By

Joe Sestak @JoeSestak

... and allows trading that can be speculative — exactly what the Volcker Rule was supposed to forbid. As the Bloomberg Editorial Board put it: "Someone just blew a hole in the Volcker Rule” and what is required is what I learned in the Navy: you can “expect what you inspect." — PolitiTweet.org

Posted Sept. 16, 2019