Sunday, May 24, 2015

Could Fast Track Ultimately Destroy Dodd-Frank? (Yes.)

George Zornick

Senator Elizabeth Warren opened up a new battle in the war against the Obama administration’s trade policy last week, when she charged that the fast-track trade authority now being considered by Congress could ultimately allow a Republican president to gut many of the Dodd-Frank financial reforms.

This provoked a heated response from the White House and its allies, who not only disputed Warren’s claim but bizarrely (and under the cover of anonymity) suggested she was just trying to juice up the Draft Warren presidential movement.

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