Economy

Santelli: Regional Banks Should Be Beefed Up

CNBC.com
WATCH LIVE

Rick Santelli called for a "Chicago Tea Party" last Thursday, leading the charge for calls to revolt against the Obama Administration's mortgage bailout plan.

On Monday morning, Santelli took on the administration’s plan to rescue the banking system.

(Watch the accompanying video for more...)

“The key is that there are a lot of banks outside of those misbehaved three or four. Regional banks should be beefed up. Don’t bring the strong down to help the weak,” he said.

More From CNBC.com