Banks

Banks: The one key word that Trump left out of his speech

Excerpt from CNBC.com article featuring Horizon Investments’ Greg Valliere

Donald Trump’s acceptance speech mentioned pretty much every campaign issue but one: banks.

No mention of efforts to cut financial regulation. Nothing about the Republican Party platform’s new aim to break up the big banks. And not a word about Hillary Clinton’s long-standing ties to Wall Street kingpins and the tens of millions she’s accepted in donations from them.

“Being a cynic, I would say they’re so far behind on fundraising, why would they want to antagonize Wall Street at this point?” said Greg Valliere, chief strategist at Horizon Investments and a leading voice on the Wall Street-Washington connection. “Just because something is in a platform doesn’t mean he’s going to advocate it. A platform is just a bunch of words.”

Categories: Capitol Notes, In The News
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