HIZZONER BLOOMBERG HAMMERS OBAMA AND CONGRESS OVER BANKING
http://wcbstv.com/politics/obama.banks.mayor.2.1441065.html
“Maybe we should hold back their salaries for a decade or so and see whether the laws they pass work out,” Bloomberg said. ”
Bloomberg Hammers Obama, Congress Over Bank Plan
Mayor Says President’s Idea To Limit Size And Investments Will Lead To Big Problems For NYC, Including Layoffs
Hizzoner Suggests Salaries Of D.C. Lawmakers Be Held Back For Decade
President Barack Obama’s demand Thursday that Congress clamp down on the size of banks and their investments got major blowback from New York City Mayor Michael Bloomberg, who said it could cause layoffs and hurt the city.
It’s a clash between the president and the mayor. President Obama wants to whittle away at the size of the financial services industry.
“The American people will not be served by a financial system that comprises just a few massive firms,” the president said.
Comments are closed.
