Ken
O’Brien
Sen. Elizabeth Warren is not happy about the plan to
weaken regulation of big banks that Republicans managed to insert in the
spending bill. She's so unhappy, in fact, that she's calling on Democrats to
oppose the overall bill unless that provision is removed.
“Who
does Congress work for?” Warren said in a speech on the Senate floor Wednesday
afternoon. “Does it work for the millionaires, the billionaires, the giant
companies with their armies of lobbyists and lawyers, or does it work for all
the people?” [...]
“Now,
the House of Representatives is about to show us the worst of government for
the rich and powerful,” she continued. “The House is about to vote on a budget
deal, a deal negotiated behind closed doors that slips in a provision that
would let derivatives traders on Wall Street gamble with taxpayer money and get
bailed out by the government when their risky bets threaten to blow up our
financial system.”