The Fed should not be permitting big banks to pay out billions of dollars to shareholder & execs. Wall St should be conserving capital to absorb losses & support the economy.

The pandemic is still raging; the economy is still struggling; & the outlook remains uncertain.

The Fed should not be permitting big banks to pay out billions of dollars to shareholder & execs. Wall St should be conserving capital to absorb losses & support the economy. t.co/iYTpsSloOl

— Gregg Gelzinis (@FinGregg) December 18, 2020

Fed creating $120b per month to primarily keep the banking system solvent and now allowing banks to resume share buybacks –t.co/L7QTvlkx5i

— Puru Saxena (@saxena_puru) December 18, 2020