November 14, 2017

OUR TWO REPUBLICAN PARTIES:

A WEEK AFTER VIRGINIA ELECTION SWEEP, DEMOCRATS JOIN REPUBLICANS FOR MORE BANK DEREGULATION (David Dayen, November 14 2017, Th Intercept)

In the wake of the Equifax scandal, Congress has been under pressure to act. But the price of modest reforms in Washington is often much larger giveaways elsewhere, and that pattern holds true in the agreement announced Monday between nine Senate Democrats and the top Republican on the Senate Banking Committee. [...]

Four Banking Committee Democrats -- Joe Donnelly, D-Ind., Heidi Heitkamp, D-N.D., Jon Tester, D-Mont., and Mark Warner, D-Va. -- negotiated the bill with committee chair Mike Crapo, R-Idaho, after ranking Democrat Sherrod Brown, D-Ohio, broke off talks on a compromise bill with Crapo just last month. Warner's Virginia colleague Tim Kaine, last year's vice presidential nominee, signed on as an original co-sponsor of the bill, along with Joe Manchin D-W.Va., Claire McCaskill, D-Mo., Gary Peters D-Mich., and Angus King, I-Maine, who caucuses with Democrats. The Democratic support would give the legislation enough support to break a filibuster, if all Republicans signed on.

Posted by at November 14, 2017 1:43 PM

  

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