Mike Huckabee Hammers Big Banks in South Carolina
But he thinks the market, not the government, should be responsible for dismantling them.
Mike Huckabee, former governor of Arkansas, speaks during the Iowa Ag Summit at the Iowa State Fairgrounds in Des Moines, Iowa, U.S., on Saturday, March 7, 2015
Photographer: Daniel Acker/BloombergThis article is for subscribers only.
Former Arkansas Governor Mike Huckabee, who this week launched his second run for president, stopped short of saying he would dismantle the big Wall Street banks if elected president.
“It ought to be a market decision,” he told reporters after an economic policy speech in South Carolina. “But if the boards of those banks know they are not going to be bailed out, and if they continue reckless policies that put them in a position of vulnerability, they are on their own.”