Derivatives Traders News Today

But now we know theres a new democratic party sheriff in town and her name is elizabeth. >> who does congress work for? does it work for the millionaires? the billionaires? the giant companies with their armies of lobbyists and lawyers? or does it work for all the people. now the house of representatives is about to show us the worst of government for the rich and powerful. the house is about to vote on a budget deal, a deal negotiated behind closed doors that slips in a provision that would let...

People. now the house of representatives is about to show us the worst of government for the rich and powerful. the house is about to vote on a budget deal, a deal negotiated behind closed doors that slips in a provision that would let derivatives traders on wall street gamble with taxpayer money and get bailed out by government when their risky bets threaten to blow up our financial system. this is a democracy and the american people didnt elect us to stand up for kri grocitigrou. they elected ...

But she is not whipping actively against it its expected enough democrats will fill the gap that it will get majority in the house. >> enough democrats think i dont like this, i dont like this, but we have to keep the government up and running. you mentioned dodd-frank was the big financial reform bill passed after the financial collapse in 2008. set new rules on banks, supposed to protect the little guy, put the banks under more of a watchdog status, nancy pelosi doesnt like the proposed change...

A budget deal, a deal negotiated behind closed doors that slips in a provision that would let derivatives traders on wall street gamble with taxpayer money and get bailed out by the government when their risky bets threaten to blow up our financial system. these are the same banks that nearly broke the economy in 2008 and destroyed millions of jobs. the same banks that got bailed out by taxpayers and are now raking in record profits. this is a democracy, and the american people didnt elect us to...

Nancy pelosi says she wants this provision stripped out of the bill. she wants it in no uncertain terms. elizabeth warren railed against this provision on the senate floor tonight. senator warren passionately urging her house colleagues to vote no on the bill if it holds this provision in it. to not give the republicans the votes they need to pass this thing. not as long as this thing is slipped into it. >> the house is about to vote on a budget deal, a deal negotiated behind closed doors that s...

Bill. she wants it in no uncertain terms. elizabeth warren railed against this provision on the senate floor tonight. senator warren passionately urging her house colleagues to vote no on the bill if it holds this provision in it. to not give the republicans the votes they need to pass this thing. not as long as this thing is slipped into it. >> the house is about to vote on a budget deal, a deal negotiated behind closed doors that slips in a provision that would let derivatives traders on wall ...

Few years ago. listen to this. >> a deal negotiated behind closed doors that slips in a provision that would let derivatives traders on wall street gamble with taxpayer money and get bailed out by the government when their risky bets threaten to blow up our financial system. these are the same banks that nearly broke the economy in 2008 and destroyed millions of jobs. >> isnt that the key point that america has seen firsthand, what this kind of bet, what the danger that these risky bets have don...