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Trump Weighs Breaking Up Wall Street Banks, Raising Gas Tax

President Donald Trump said he’s actively considering a breakup 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 said of breaking up banks in a 30-minute Oval Office interview with Bloomberg News. “There’s some people that want to go back to the old system, right? So we’re going to look at that.” Source Bloomberg


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Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour. https://www.ft.com/content/9777be02-61a7-11e9-a27a-fdd51850994c The eurozone’s manufacturing sector remains stuck in a rut as its two largest economies missed expectations and continued to contract in April, according to a closely watched survey of industry executives. The IHS Markit Purchasing Managers’ Index for manufacturing in Germany rose slightly to 44.5 from 44.1 previously, but this was below expectations in a Reuters poll of an increase to 45.

The eurozone’s manufacturing sector remains stuck in a rut as its two largest economies missed expectations and continued to contract in April, according to a closely watched survey of industry executives.

The IHS Markit Purchasing Managers’ Index for manufacturing in Germany rose slightly to 44.5 from 44.1 previously, but this was below expectations in a Reuters poll of an increase to 45.Source Financial Times

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