Bank Stocks Tumble Into Red After Spicer Confirms Trump’s “Commitment To Restoring Glass-Steagal”

Zero Hedge – by Tyler Durden

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 weighing 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…

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