I'd love to see a Hillary Clinton/Elizabeth Warren presidential ticket. Whoever the GOP chose as a vice-presidental candidate, Warren would demolish in debates.
Have a look at how she makes CNBC anchors appear as economically amateurish as they are.
Warren is talking about the importance of restoring the firewall between savings and investment activities of banks through a bill being referred to as Glass-Steagall II.
Makes a lot of sense. Why should banks be able to play risky investment games with money people have in FDIC-insured savings and checking accounts? That seems horribly wrong.
If banks want to take big risks, they should do it with shareholder funds. Or private funds belonging to investors who understand how their money is being used.
Government shouldn't be propping up the infamous Banks Too Big to Fail.
Split up their savings and investment activities. Then, if the investment side makes big bets that turn out poorly, it can go ahead and fail -- while the side that makes ordinary loans/mortgages with ordinary savings money can continue on its much less risky way.