Possible 2020 Candidate Blasts Fellow Dems Over Her Signature Issue Possible 2020 Candidate Blasts Fellow Dems Over Her Signature Issue – NTK Network

Possible 2020 Candidate Blasts Fellow Dems Over Her Signature Issue

The lead anti-bank Democrat in the Senate is calling out fellow party members over their support for a bill that would ease regulations on smaller banks.

By NTK Staff | 03.05.2018 @12:00pm
Possible 2020 Candidate Blasts Fellow Dems Over Her Signature Issue

Sen. Elizabeth Warren (D-MA), a possible 2020 presidential candidate who built a career off blasting Wall Street and demonizing the financial industry, is now going after fellow Senate Democrats over their support for a bill that would ease regulations on some banks.

The bill in question, according to Politico, would ease regulations for “small” and “regional” banks:

Among the provisions: Easier mortgage regulations for small banks; new exemptions from tougher oversight for regional banks with $50 billion to $250 billion in assets; a directive to the Federal Reserve to tailor its rules for large banks and relaxed capital and liquidity requirements for some of the nation’s biggest financial institutions.

The legislation includes a handful of consumer protection measures that critics have panned as an insufficient trade-off for the regulatory rollbacks in the bill.

Of course, Warren, who appears to see all banks as some kind of evil in the world, is having none of this bill, and is activating her supporters to direct their ire not only at Republicans, but at fellow Democrats as well.

Whether intentional or not, one article she shared on Twitter featured Clinton vice presidential pick – and another possible 2020 Democrat – Sen. Tim Kaine (D-VA), who supports and even sponsored the bill.

If this dust-up over a single bill in early 2018 is any indicator, the 2020 Democratic presidential primary is going to be one heck of a fight.

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