Is Greg Smith’s New York Times op-ed piece Why I Am Leaving Goldman Sachs the beginning of a movement for those inside the financial industry to bring about structural and ethical reform of the industry? Dallas Fed President Richard Fisher recently noted: “The five biggest banks in the United States are too powerful and should be broken up … The financial crisis has left the five biggest banks even more powerful than before. …” New regulations have been put in place to keep the finance industry in line and prevent another crisis, but some wonder if a dissident movement from within could be a more effective check on big banking firms.
One major Democratic alternative to the Jayapal bill is the 'Medicare X' bill.
The United State is not near the top of this list.
The rules might exclude entities with large U.S. insurance underwriting operations.
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