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Gotham Gazette

The Place for New York Policy and politics

Citizens Union
 

Wall Street

Wall Street

  • tish congress steps

    Letitia James, the author (photo: Gotham Gazette)


    Wall Street malfeasance has had devastating consequences in New York State. It precipitated the foreclosure crisis, in which tens of thousands of families lost their homes, others faced an unrecovered loss in property values, and many jobs were lost. Ten years later, the Trump Administration and the Republican Congress are weakening oversight by federal agencies by watering down the Dodd-Frank Act and undermining the Consumer Finance Protection Bureau (CFPB).

    Today, Wall Street securities valuations are, by all

    ...