Wednesday, December 10, 2014

Left revolts over funding bill

The Hill reports:
Sen. Elizabeth Warren urged Democrats Wednesday to withhold support for a massive government funding bill, as opposition on the political left mounted over a set of changes to the Dodd-Frank Wall Street reform law buried in the legislation.

“I urge my Democratic colleagues in the House to withhold support for it until this risky giveaway is removed,” Warren (D-Mass.) said during remarks on the Senate floor.

Among the host of provisions included in the $1.1 trillion funding measure is one that would partially repeal a Dodd-Frank rule aimed at ensuring risky derivatives trading happens away from banks that have a government safety net.
The demand for even bigger government.