March 13, 2018
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7:45Now PlayingIn this Majority Report clip, we watch Elizabeth Warren slam Democrats who sided with Wall Street.
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---SEN. ELIZABETH WARREN told a gathering of progressive lawmakers Friday that seeing her colleagues vote to advance a Wall Street deregulation bill this week was a “stab in the heart.”
This week, 16 Senate Democrats voted for the Economic Growth, Regulatory Relief, and Consumer Protection Act. It’s a cleverly misnamed bill that would peel back regulations on 25 of the 32 largest banks in the country, removing a slew of consumer protections while relaxing stress tests and other reporting requirements for a range of financial institutions that were developed in the aftermath of the Great Recession.
Ten of those Democrats co-sponsored it. This morning at the Congressional Progressive Caucus strategy retreat in Baltimore, Warren, a Democrat from Massachusetts, used her keynote address to call them out.---
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