Mnuchin sounds like an idiot in this exchange. Warren is easy to slap down by anyone who understands the fundamentals of free markets.
Mnuchin says breaking up big banks would be a "huge mistake" https://t.co/2wA90YGrsH pic.twitter.com/KctXBZcijt— Bloomberg (@business) May 18, 2017
BTW, Mnuchin’s statement went directly against Trump’s comment made just nine days earlier, on May 9, that he was considering breaking up the nation’s largest banks.
"Some people ... want to go back to the old system, right? So we're going to look at that," Trump said when asked whether big banks should be broken up.
-RW
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