Ex-CFTC Commissioner Hopes Glass-Steagall Is Reinstated

Ex-CFTC Commissioner Hopes Glass-Steagall Is Reinstated

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the potential reinstatement of Glass Steagall, the effectiveness of Dodd Frank and the Volcker Rule, and the impact of financial regulations on banks and investors. It explores political support and legal challenges, and considers the future of financial regulations, including the role of the CFPB and potential changes in the Senate Banking Committee.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential benefits of reinstating Glass-Steagall according to the discussion?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker suggest addressing potential problems like technology and cyber hacking?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What were the main causes of the 2008 financial collapse as mentioned in the text?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker view the effectiveness of Dodd-Frank and the Volcker Rule?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns are raised about the relationship between investment banks and their customers?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's opinion on the likelihood of significant changes from the Senate Banking Committee?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's perspective on the current state of the CFPB?

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