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Mnuchin pressed on Glass-Steagall, reg relief
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Banking, Legislation
Tuesday, May 23, 2017
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Treasury Secretary Steven Mnuchin fielded questions about the administration’s plans for financial regulatory relief and reforming the government-sponsored enterprises (GSEs), and attempted to explain the Trump administration’s position on Glass-Steagall during a recent hearing before the Senate Banking Committee. The hearing featured a lengthy exchange between Mnuchin and Sen. Elizabeth Warren (D-Mass.) about the administration’s position on Glass-Steagall. Read on to learn more.
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