Tag: FDIC

Steve Mnuchin Image source: FBN Video Screenshot

Is Steve Mnuchin Just Another Wall Street Banker?

After weeks of speculation, Donald Trump has announced Steve Mnuchin as his nominee for Treasury Secretary. Though Mnuchin can currently be seen in movie theaters playing a banker in Warren Beatty’s new film Rules Don’t Apply, he has a lower […]

SoFi – Uber For Banks Is Here

SoFi – Uber For Banks Is Here

SoFi – Uber For Banks Is Here by David R. Henderson, Foundation For Economic Education And It’s Throwing Regulators for a Loop But isn’t SoFi cherry-picking loans? Absolutely. Why can’t banks do this? Because if you use depositor money for […]