Sean Spicer Confirms Trump Is Going To ‘Break Up Wall Street’
by Baxter Dmitry
YourNewsWire.com
March 10, 2017
Wall Street stocks plunged Thursday after Sean Spicer announced President Trump is “committed to breaking up the banks” as the campaign to drain the swamp and uproot the establishment moves into high gear.
Trump recently pledged to “do a big number“ on the Wall Street reform law known as Dodd-Frank, and now spokesman Spicer has confirmed Trump is also committed to honoring his pre-election pledge to bring back Glass-Steagall.
Bringing the Great Depression-era law back will force the mega banks to break themselves apart by separating their Wall Street investment bank divisions from their Main Street checking account businesses.
Spicer’s confirmation that President Trump plans to bring back Glass-Steagall, which was repealed in 1999 under President Clinton, has already upset Wall Street banksters and sent mega bank stocks tumbling in afternoon trading.
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