The GOP platform calls for bringing back the Glass-Steagall Act of 1933, a law that would break up America's biggest banks. It was a key part of Bernie Sanders' campaign.
These are challenging times for Wall Street investment banks. Goldman Sachs posted another big drop in revenue as Brexit worries took their toll. Goldman has cut its bonus pool and other expenses as well to compensate.
Softbank shares tumbled Tuesday as investors reacted to the company's $32 billion purchase of ARM Holdings, one of the U.K.'s most successful tech companies.
Kevin Cummings was rewarded with $20 million in compensation last year, making him the highest paid bank CEO in America. But that big pay hike has ruffled some feathers, including a shareholder lawsuit and close vote on pay.