Cooperation between Republicans and Democrats has become something of a rarity in today’s polarized political environment—except when it comes to a select handful of objectives, like enriching Wall Street banks.
In a Twitter thread on Friday, Sen. Elizabeth Warren (D-Mass.) called attention to a massive bank deregulation bill (S.2155) that could reach the Senate floor for a final vote next week, and highlighted the fact that a dozen Democrats are providing crucial support for the measure.
“It’s time for the rest of us to fight back and demand that Washington work for us, not the big bank lobbyists.”
In addition to Sen. Angus King (I-Maine), the 12 Democratic senators currently co-sponsoring the deregulation measure are: Doug Jones (Ala.), Joe Donnelly (Ind.), Heidi Heitkamp (N.D.), Jon Tester (Mont.), Mark Warner (Va.), Claire McCaskill (Mo.), Joe Manchin (W.Va.), Tim Kaine (Va.), Gary Peters (Mich.), Michael Bennet (Colo.), Chris Coons (Del.), and Tom Carper of Delaware.
In a video posted to Twitter on Friday, Warren explained that this bipartisan effort to fullfill “the wish lists of big bank lobbyists” goes a long way toward illustrating how Congress works for the wealthiest at the expense of the majority of the public.
Elizabeth Warren Attacks ‘dangerous, wrong’ Bill To Cripple Taxpayers Protections On US Banks
By Lauren Gambino
The Guardian (3/6/18)
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.
17 Senate Corporate Democrats Join GOP To Push Bankers’ Bill To Put Taxpayers At Risk … Again.