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michael bloomberg

Michael Bloomberg released Wall Street reform plan

4 mins read

The FINANCIAL — Michael R. Bloomberg released a tougher-than-expected Wall Street reform plan. Bloomberg, who has deep ties to Wall Street and made a fortune selling technology to banks, wants to fortify the Volcker Rule. Bloomberg has spent $338.7 million on advertising. Michael R. Bloomberg on Tuesday offered his proposals for regulating Wall Street, where he made his billions, promising a return of Obama-era oversight if elected president and invoking the name of one of his rivals, Senator Elizabeth Warren, in an attempt to connect with the Democratic Party’s progressive wing. “The financial system isn’t working the way it should…

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Michael Bloomberg released Wall Street reform plan

4 mins read

The FINANCIAL — Michael R. Bloomberg released a tougher-than-expected Wall Street reform plan. Bloomberg, who has deep ties to Wall Street and made a fortune selling technology to banks, wants to fortify the Volcker Rule. Bloomberg has spent $338.7 million on advertising. Michael R. Bloomberg on Tuesday offered his proposals for regulating Wall Street, where…