Deposits at Capitol One bank frozen by NYC’s banking commission amid insolvency fears

by JD Heyes, DC Clothesline: After Democrats under then-President Barack Obama rammed through a massive new regulatory regime for the banking industry following the 2008 “Great Recession,” Americans were told that bank collapses were a thing of the past. We needn’t worry anymore, Democrats said, because brand-new unaccountable agencies like the Consumer Finance Protection Board were […]