Snowden snowballs, US dollar with Joseph Salerno and debunking bailout repayments
Dodd-Frank fail? That’s what Federal Reserve and FDIC officials were hauled in front of Congress to answer. And, guess what? The presidents of the Dallas and Richmond Fed banks were not too optimistic that too-big-to-fail is a thing of the past. And the FDIC Vice Chairman, Thomas Hoenig, said regulators must eliminate the subsidies to the big banks. Okay - we’re going to holding our breath on that one. And Prime Interest producer Justine Underhill will demonstrate just how big the bailouts actually were later in the show.
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