In the early AM hours this morning, a Financial Regulatory Bill was tentatively agreed upon. The original goal of this bill was reform and restraint for larger financial institutions in order to protect consumers in the future from overreaching powers.
Relatively narrow in original scope, the bill ballooned to over 2000 pages before completion. At last check that was a 30% gain from the 1400 pages of just a few weeks ago.
While we agree with the purpose and goal of the bill, at over 2000 pages, we think there might be a few extra items scattered among the pages.
Over the next few weeks we will review the final version of the bill and bring to you the good, and not so good, of course, in our opinion.
Have A Good Weekend!