Interesting discussion re why more banking deregulation has occurred under Democratic Presidents than Republicans…
Author Nomi Prins surveys the close relationship between banks and American presidents, from funding campaigns to influencing monetary policy long after elections, and links the Clinton and Bush dynasties to a past (and future) of financial deregulation.
Nomi is author of the book All the Presidents’ Bankers: The Hidden Alliances that Drive American Power, which was just released in paperback. Here is a direct audio link.
See also: Chris Christie takes heat for Hedge Fund donations. It’s everywhere, it’s everywhere…