House Cuts Wall Street Subsidies To Fund New Roads

By Sam bot on December 4, 2015 banks, congress, infrastructure, wall street U.S., Wall Street

VIA US UNCUT by Lacey McLaughlin Congress actually did something productive today: diverting billions of dollars in Wall Street subsidies to help repair America’s infrastructure. On Thursday the House approved a five-year, $305 billion bill that will lower dividends from the Federal Reserve to finance highway and transit improvements. As much as $9 billion in Wall Street […]