Miss President wants to talk to you

He said, "If a few banks can band together and bring down the federal government, then it's bound to happen sooner or later."

"A short pain is worse than a long one."

"Since we're destined to break off relations, why not start now, before they grow too powerful?"

After saying that, Eleanor picked up a pen and started writing on the white paper.

"First, commercial banking and investment banking businesses should be separated."

"Second, banks that accept public deposits are prohibited from underwriting or trading high-risk securities."

"Third, investment banks are prohibited from accepting public deposits."

"Fourth, existing mixed financial groups must complete their restructuring within the specified timeframe."

Fifth, the federal government gained the power to conduct structural reviews of large banks.

Wu Ding looked at each of these points and wrote them down.

The more I looked, the more alarmed I became.

Each of these points, taken individually, targets the very Achilles' heel of the Federal Reserve Bank.

Other banks will be disregarded for now.

Take Morgan Stanley as an example.

Once the bill passes, the massive Morgan Group will be completely dismantled.

Are they just going to stand by and wait to die?

Chapter 52: The Extremists Aren't Extreme Enough

"Mr. Hopkins, aren't the terms you've proposed a bit too aggressive?"

Wu Ding couldn't help but remind him.

Young people shouldn't be too impetuous, or they'll suffer a great loss.

To protect their own interests, those bankers will do anything.

"The government's task now is to solve the Great Depression, not to solve the banks."

Woodin expressed his concern, saying, "If this radical bill is introduced all at once, it could very likely cause social unrest, making the federal government's job more difficult."

"In my opinion, it's better to take it slow."

Eleanor admitted that Woodin's idea had merit.

However, he still refused the life advice offered by the elder.

“Mr. Wu Ding, I know you consider the bigger picture.”

Eleanor said, "But you also need to understand that you are the Treasury Secretary personally appointed by the President."

"It is your responsibility to identify problems in federal finances and make effective recommendations."

"Whether the suggestions will be adopted or effectively implemented after they are heard is something that only the President should consider."

"If, and I mean if, you're worried that introducing this bill will invite retaliation."

"How about this?"

“Just tell the outside world that this bill was proposed by me, Elinor Hopkins.”

Upon hearing these words, Wu Ding's heart sank.

In the end, they still couldn't persuade him?

He spoke with difficulty: "Eleanor, have you really thought about the consequences?"

Eleanor said calmly, "It's nothing more than being smashed to pieces."

Once the bill is introduced, it will inevitably face a fierce backlash.

One wrong move and you could lose everything.

At best, they would be labeled Bolsheviks, ruining their future.

In severe cases, someone might be shot nine times in the back and be ruled a suicide.

In the Federation, this is almost the most gruesome way to die.

Because Christianity stipulates that those who commit suicide cannot go to heaven.

After killing you, they will claim that you committed suicide, which is tantamount to destroying your body and cursing you to eternal damnation.

Wu Ding looked shocked; he simply couldn't understand why.

Eleanor was able to remain so calm in the face of such terrible consequences.

"Mr. Hopkins!"

Wu Ding stammered, "Why aren't you scared at all?"

Why aren't you afraid?

Eleanor didn't answer directly. He stood up, walked to the window, and after a moment's hesitation, said:

The Bible says that no one should regard his life as something of great importance, but only as something that he has finished his course.

"If this path leads to justice, then I am willing to go to the very end."

This passage comes from the Book of Acts in the Bible, which Woody, as a devout Presbyterian, was naturally very familiar with.

Sunlight streamed through Elinor from behind, as if a saint were walking on the earth once more.

Wu Ding stared blankly, and unconsciously, his eyes became a little moist.

I feel ashamed.

Having lived for over sixty years, I'm not as enlightened as a young person in their twenties.

That being the case.

What do I have to be afraid of!

"The Book of James says, 'If anyone knows what is good and does not do it, that is his sin.'"

Wu Ding also quoted a line from the Bible in his reply, and his attitude gradually became firm.

"Eleanor, I'll draft the bill, and you'll co-sign it!"

"Let those bankers retaliate if they want. I'm over sixty years old. It'll just mean I'll meet my maker sooner!"

That's more like it!

“Mr. Wu Ding, I need to correct you on one point.”

Eleanor smiled. "Who told you we were bound to lose?"

……

Drafting legislation is no easy task.

Wu Ding assembled a professional team and devoted himself wholeheartedly to this matter.

Once he made up his mind, Wu Ding showed no weakness or hesitation whatsoever.

Choose to address any potential loopholes in the banking system from the most stringent perspective.

He became ruthless and lost all passion.

One after another, the most demanding legal provisions were created from his pen.

Woody had only one thought: he absolutely could not let Eleanor down!

Finally, three days later.

With dark circles under his eyes and unsteady steps, Wu Ding carried a pile of documents into Eleanor's office.

"Mr. Hopkins."

With a thud, Wu Ding slammed the documents he was holding onto Eleanor's desk.

"It's done...it's done..."

He spoke in a mumbled, indistinct manner, as if he had lost all sense of the world around him.

The people of Eleanor were dumbfounded.

"Mr. Wu Ding, how long has it been since you slept?!"

This finance minister now looks no different from a zombie.

Eleanor was very worried.

Don't die in my office!

Woodin did not answer Eleanor; an indescribable sense of accomplishment lingered on his face.

It's as if life has been elevated.

"I have fought the good fight, and I have finished the way that was to be done..."

"Good good!"

Eleanor was about to lose her composure; at a time like this, Woodin was still reciting the Bible.

He quickly opened the door and called a secretary in.

"Quickly help Mr. Wu Ding to rest. You stay by his side and watch over him until he's rested before you come back!"

"Good sir!"

The secretary noticed that Wu Ding was not in good condition and, not daring to slack off, immediately helped him to the rest room.

As Wu Ding left, he shouted, "It's all up to you now! Go for it, Eleanor!"

Soon, only Eleanor remained in the office.

He went to the table and picked up the draft that Wu Ding had prepared.