Bank Deregulation Bill Will Leave Taxpayers Holding the Bag
These days, it’s hard to keep straight all of Congress’ efforts to build plutocracy — the further consolidation of the power of the richest Americans at the expense of the rest of us.
With the Senate passing a multi-trillion dollar job-killing giveaway of our tax dollars to the people and companies who need it least, you might have missed the bill moving through the Senate to deregulate Wall Street and consumer finance.
Senator Crapo’s so-called “Economic Growth, Regulatory Relief and Consumer Protection Act” being marked up by the Senate Banking Committee Tuesday is a serious threat to the stability of our financial markets and our economy.
Read the full article.