President opens mouth, banks slip

May 1, 2017 1:04 PM ET|By: , SA News Editor

Part of a wide-ranging interview with Bloomberg, Trump says he’s actively considering breaking up the big Wall Street banks.

Goldman Sachs (GS +0.5%), Morgan Stanley (MS +0.9%), JPMorgan (JPM+0.3%), Citigroup (C +0.6%), and Bank of America (BAC +0.8%) have all pulled back from session highs, but remain in the green.

Speaking at roughly the same time, but in another forum, Vice President Pence says replacing Dodd-Frank is among the president’s top priorities.

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