Cohn backs policy that forces banks to rethink how they do business: sources

Fri, Apr 07, 2017 - 5:50 AM

Mr Cohn's remarks surprise some senators and congressional aides.

Washington

IN a private meeting with lawmakers, White House Economic Adviser Gary Cohn said he supports a policy that could radically reshape Wall Street's biggest firms by separating their consumer-lending businesses from their investment banks, said people with direct knowledge of the...