GRITtv: Will Obama Stand Up to Wall Street?

Nomi Prins on whether the Federal Reserve deserves to be split apart.

Nomi Prins, author of It Takes a Pillage: Behind the Bailouts, Bonuses, and Backroom Deals from Washington to Wall Street, discusses why giving more power to the Federal Reserve is pure folly. It's an institution, she says, that deserves to be split apart.

Laura Flanders is the host of GRITtv and the author of Blue Grit: True Democrats Take Back Politics from the Politicians.