The letter notes that the proposed changes would require banking organizations to hold capital against fee-based business activities such as retail brokerage, investment advisory services, custody and client clearing of derivatives. These businesses are relatively low risk and the proposed chan...
Vivek Ramaswamy, author of “Woke Inc.: Inside Corporate America’s Social Justice Scam” and co-founder of Strive Asset Management, reckons that the backlash is strong enough to drive a presidential campaign. A couple of weeks ago he threw his hat in the ring for the Republican nomination....