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Posts Tagged ‘Merkley Levin’

Senator Russ Feingold (D-WI) Rejects Financial Regulatory Reform

Posted by Larry Doyle on June 29th, 2010 8:28 AM |

America was assured by Washington’s political establishment that the financial regulatory reform package would prevent the need for another bailout of ‘too big to fail’ banks as occurred in 2008.

You didn’t believe them, did you?

Who stands up and has the courage to call out the Washington establishment on this charade? Senator Russ Feingold, Democrat of Wisconsin. Feingold writes:

“As I have indicated for some time now, my test for the financial regulatory reform bill is whether it will prevent another crisis. The conference committee’s proposal fails that test and for that reason I will not vote to advance it. (more…)

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