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Feingold says won't vote to advance Wall Street bill
WASHINGTON |
WASHINGTON (Reuters) - Senator Russell Feingold said on Monday that he will not vote to advance the financial-reform bill, denying his fellow Democrats the 60th vote they need to clear a final hurdle in Congress.
"My test for the financial regulatory reform bill is whether it will prevent another crisis," Feingold said in a prepared statement. The bill "fails that test and for that reason I will not vote to advance it."
(Reporting by Andy Sullivan)
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All of our children will be paying sooner than we think.
1. risk takers who can even SPELL derivative to go nowhere near my wallet or my tax money or the US Treasury. Wanna bet? Be ready to LOSE YOUR money, not mine.
2. banks that clearly take deposit and make direct loans.
3. I want those banks to be required to keep half the loans they write or lose federal insurance / guarantees etc. etc.
4. I don’t want any other place to be allowed to represent itself as a bank. I.e. no wolves in sheep’s clothing.
Other than that it is a Punch and Judy.
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