Newsmax: Sen. Warren: Effort to Roll Back Banking Rules a 'Bad Idea'

Democratic Sen. Elizabeth Warren on Wednesday panned the bipartisan effort to roll back banking regulations, telling MSNBC "did we learn nothing from the crash of 2008?"

Warren, D-Mass., told MSNBC's Stephanie Ruhle that the bill is a wolf disguised in sheep's clothing vis-à-vis the effort to help out small banks.

"If this been a bill just about the smaller banks, I'd be all in. … But that's not what this bill is," Warren told Ruhle. "This bill offers a few changes for small banks. But the price of that is to sock consumers in the nose, to turn loose of banks between $50 billion and a quarter of $1 trillion and to put in some special bonuses for the biggest banks in America.

Read the full article on the Newsmax website here. 

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