Bank Stocks Tumble Into Red After Spicer Confirms Trump's "Commitment To Restoring Glass-Steagal"

That's not what the bankers want to hear...

  • *TRUMP STILL COMMITTED TO RESTORING GLASS-STEAGALL: SPICER

Interestingly this comment comes after President Trump met with a group of community bankers...

 

And that is weghing on The Dow...

So, deregulation... after the big banks have been broken up by Glass-Steagal-lite?

That regulatory-premium in bank stocks has a long way to fall back to the curve...