Smart People Take Trump's Ideas To Deregulate Banking Seriously

Watch and listen, kids, as the bullshit flows like honey. Washington Post columnist Catherine Rampell is sounding the alarm over a Wall Street Journal piece a few days ago, and Republican operatives are saying, "No big deal!"

Here was the headline: "Trump Advisers Seek to Shrink or Eliminate Bank Regulators -- Advisers asked potential nominees whether Trump could abolish the FDIC."

Well, people in the financial field certainly took it seriously. Janet Yellen, for one.

Barron's reported...