Skip to comments.Here Are The 17 Dem Senators That Voted To Unwind Warren’s Financial Legacy
Posted on 03/06/2018 2:34:36 PM PST by cotton1706
Seventeen Democrats voted to proceed on a bill that would roll back major portions of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act.
Senators voted 67-32 to end debate on a bill that takes aim at a number of the protective barriers Dodd-Frank put between consumers, banks and the greater economy in the wake of the 2007-2009 Great Recession.
Michael Bennet of Colorado
Tom Carper of Delaware
Chris Coons of Delaware
Joe Donnelly of Indiana
Maggie Hassan of New Hampshire
Heidi Heitkamp of North Dakota
Doug Jones of Alabama
Tim Kaine of Virginia
Angus King of Maine
Joe Manchin of West Virginia
Claire McCaskill of Missouri
Bill Nelson of Florida
Gary Peters of Michigan
Jeanne Shaheen of New Hampshire
Debbie Stabenow of Michigan
Jon Tester of Montana
Mark Warner of West Virginia
Senators are looking to ease mortgage regulations on small and regional banks. The bipartisan group is also toying with the idea of easing liquidity reserve requirements for large banks, which were instituted after the Great Recession to ensure large lending institutions had enough capital on hand to help ease the burden of a financial crisis or episode.
(Excerpt) Read more at dailycaller.com ...
Losing their rust belt blue wall has scared the living hell out of them!
it is a crucial safeguard against malpractice on the part of large banks.
Yeah I remember how All the Bankers are Still in Prison from the Massive Fraud they pulled regarding Mortgages and Securities when we enforced 100 year old Existing Laws.
I wish someone would just slap these lying POS officials every time they opened their damn mouth.
Dodd Frank is a didaster
The Dodd-Frank Consumer Financial Protection Bureau is the nose of authoritarian tyranny under the tent flap of free government. Scotus thinks the CFPB is just swell.
Elizabeth Warren isn’t anti-capitalist. She’s very wealthy and she sought to pass laws that would make her wealthier. She just wanted to get rid of the middle class.
nope, not West Virginia
MOST of them are up for re-election! HYPOCRITES!
Looking forward to the next bank bailout.
Mark Warner is from Virginia....
They voted on cloture. That doesn’t mean they’ll vote for the bill itself.
I am sorry you all, but the biggest “Warren Prize” in Frank-enDodd, the one that is truly hers in its concept, and the one that is the most against the grain of our Constitutional checks and balances, remains completely intact and untouched by our RINO led Congress - the totally unaccountable Consumer Financial Protection Bureau.
Tagging this news as a swipe at Warren is a giant error, distraction, and implies more than the truth as to how much of what Warren wanted has been altered. I imagine she is gloating over how this news is being presented, knowing the people are being fooled by it.
They are trying to "fix it" possibly because...
* They are trying to stay relevant.
* As PDJT noted they were going to bifurcate the banking regs via Executive order last March and Mulvaney was part of that.
* It was to come up with a new system and stick the big banks with Dodd-Frank.
Maybe the big banks read my post noting they wouldn't be able to compete and now they are looking for a legislative way to do so, so they don't have to break themselves up into smaller pieces.
Yes these folks are from States that Trump carried or can get a Senator Elected this fall, prime example my two laggards Stabenow and Peters, she is up this cycle, and is beatable, that is why her name is on this dog and pony show...