by Pam Martens and Russ Martens, Wall Street on Parade:
There has been much focus on the fiery speeches that Senator Elizabeth Warren delivered from the Senate floor in an effort to stop the roll-back of a key derivatives provision of the Dodd-Frank financial reform legislation that was slipped into the giant $1.1 trillion spending bill that was signed into law this week by President Obama – who campaigned for passage of the bill despite the weakening of protections against Wall Street abuses. The bill became known as the Cromnibus because it is part Continuing Resolution and part Omnibus spending bill to fund the government through September of 2015. Those who voted against the bill in the Senate are provided here; in the House, here.
But Warren was far from alone in expressing outrage at Citigroup writing most of the provision that was quietly slipped into a spending bill that was critical to pass to avoid a government shutdown. Members of both the House and Senate, from broadly diverse political leanings, not only spoke out against the provision but voted against the spending bill to back up that outrage.
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