Republicans in the House of Representatives are about to dismantle financial reforms enacted by President Obama after the Great Recession.
Wall Street executive Steve Mnuchin was officially sworn in as treasury secretary on Monday.
2015 saw “the lowest number of bankruptcy filings for any 12-month period since 2007, and the fifth consecutive calendar year that filings have fallen significantly”
Krugman says the GOP establishment is determined “to take whatever didn’t work from 2001 to 2008 and do it again in a more extreme form”
Sen. Elizabeth Warren and Rep. Elijah E. Cummings released troubling information from their investigation into the partial repeal of section 716 of President Obama’s 2010 Dodd-Frank Act, which was originally designed to prevent taxpayers from having to bailout big banks.
House Republicans want us to believe that by gutting Wall Street reform, we can somehow end bailouts and have a healthier economy
Once again, President Obama has out-maneuvered Republican plans to further wreak havoc on the nation, and although a clean funding bill would have been ideal, it was never going to happen because Republicans.
The GOP’s debt ceiling demands are a composite Ryan budget, Koch policy meeting demands,”and ALEC social policy reform package all rolled into one ransom note, and the people are the big losers.