Elizabeth Warren Proposes Change to Trade Bill to Protect Dodd-Frank Rules
The debate on the trade legislation pits her against President Obama.
(Bloomberg) -- U.S. Senator Elizabeth Warren, a Massachusetts Democrat, talks about income inequality in the U.S. and federal trade policy. She speaks at an event in Washington. (Video courtesy of Roosevelt Institute. Source: Bloomberg)
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Senator Elizabeth Warren is proposing a change to trade legislation before Congress that would prevent any deals from weakening the Dodd-Frank financial regulations.
The Massachusetts Democrat argues that the fast-track trade bill could lead to an unraveling of the banking regulations passed after the 2008 financial collapse, and her position is backed by some constitutional scholars and other legal specialists.