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marketsClosed Mar 14, 2023

Wild Swings in Bank Stocks Create Opportunity for Brave Investors

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Barney Frank, who as a congressman helped overhaul US banking regulation through the Dodd-Frank Act, said cryptocurrencies are the big difference between now and 2008, when the US had its last big US financial crisis, writes Max Reyes:

“Digital currency was the new element entered into our system,” the 82-year-old Frank said in an interview. “A new and destabilizing – potentially destabilizing – element is introduced into the financial system. What we get are three failures.”
House Speaker Pelosi And Senate Leader Schumer Hold Bill Enrollment Ceremony For Respect For Marriage Act
Barney Frank in Washington on Dec. 8, 2022.