PBS NewsHour

Is the 2015 spending bill a gift to big banks?

Clip: 12/18/2014 | 8m 25s

Tucked into the new federal spending bill that passed this week was a provision to loosen banking regulations on hedges known as derivatives or swaps, rolling back part of the Dodd-Frank Act that was enacted after the financial crisis. Dennis Kelleher of Better Markets and Mark Calabria of the Cato Institute join Hari Sreenivasan for a discussion on what the bill means for banks.

Aired: 12/18/14

Rating: NR

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