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  • Jim Costa

Dear Jim: Trump Is Still On Our Side!

Bail-in rules are temporarily suspended! "The other memo directs regulators to temporarily halt the use of "orderly liquidation authority" to dissolve troubled financial institutions unless the president directs it in an emergency." And keep your eyes and ears open next Wednesday (skip to last 10 lines or so for the raw meat): Will Trump shutdown general gumment services while canceling summer vacation for Congress so they can get some real work done? Without a funded budget he will have authority to apply remaining petty cash exactly where he needs it. Everyone else goes home and gets out of the way! Sessions should have a huge pile of leverage on his desk to help smooth out bumps in the road. Read between the lines, there's lots of space! Jeff

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