Donald Trump ‘actively considering’ breaking up Wall Street’s biggest banks
‘President Donald Trump has said he’s actively considering a break-up of giant Wall Street banks, giving a push to efforts to revive a Depression-era law separating consumer and investment banking.
“I’m looking at that right now,” Trump told Bloomberg News. “There’s some people that want to go back to the old system, right? So we’re going to look at that.”
Trump also said he’s open to increasing the US petrol tax to fund infrastructure development, in a further sign that policies unpopular with the Republican establishment are under consideration in the White House. He described higher taxes as acceptable to truckers as long as the proceeds are dedicated to improving US highways. “I have one friend who’s a big trucker,” he said.’
Read more: Donald Trump ‘actively considering’ breaking up Wall Street’s biggest banks
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