HomeBernie Sanders3/7 News Roundup – Bernie Blasts Bill Deregulating Big Banks, DCCC’s Scorched Earth Campaign Against Moser Fails & More
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Elizabeth Warren Blasts Fellow Democrats for Supporting a Massive Bank Deregulation Bill

Despite this CBO analysis, the bill appears to be on course to sail through the Senate, in part because it has garnered support from a sizable number of Democrats. On Tuesday, Sen. Elizabeth Warren (D-Mass.)—one of the original champions of Dodd-Frank—criticized Democrats who voted to advance the current bill. “This bill wouldn’t be on the path to becoming law without the support of these Democrats,” she wrote on Twitter. “The Senate just voted to increase the chances your money will be used to bail out big banks again.”

Democrats who support the bill—17 voted to advance the legislation on Tuesday—have argued that the dangers of its deregulatory measures are being blown out of proportion.

At a Tuesday morning press conference on Capitol Hill, however, Warren did not shy away from describing the bill as a precursor to another financial collapse. “People in this building may forget the devastating impact of the financial crisis 10 years ago—but the American people have not forgotten,” she said. “The millions of people who lost t
heir homes; the millions of people who lost their jobs; the millions of people who lost their savings—they remember, and they do not want to turn loose the big banks again.”

Benny

She did something novel at TOP: penned two diaries and posted them as paid Ads.

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