March 06, 2018

The Guardian: Elizabeth Warren attacks 'dangerous, wrong' bill to relax rules on US banks

Congress has forgotten the “devastating impact of the financial crisis”, Senator Elizabeth Warren said on Tuesday as Republicans moved closer to relaxing banking regulations implemented after the financial crash of 2008.


Warren, the Massachusetts Democrat who worked with the Obama administration on banking industry oversight after the 2008 crash, pledged to fight the bill, even if she faced long odds.

“There’s Democratic and Republican support because the lobbyists have been pushing since the first day Dodd-Frank passed to weaken the regulations on these giant banks,” she said during a morning press conference.

Read he full article on the Guardian's website here

By:  Lauren Gambino
Source: The Guradian