Massive Capital Flight From US Banks Is ‘Extremely Concerning’, Hurts Main Street: Senator Ted Cruz

Texas senator Ted Cruz says the amount of capital fleeing US banks is particularly concerning and could signal pain for everyday Americans. Cruz says capital is leaving the smaller financial institutions in favor of the larger banks, creating a consolidation of wealth within the most dominant enterprises. In an interview with Bloomberg, Cruz says Silicon The post Massive Capital Flight From US Banks Is ‘Extremely Concerning’, Hurts Main Street: Senator Ted Cruz appeared first on The Daily Hodl .