Wells Fargo is probably excited about the prospect. Hopefully, they will see this as the signal to open many new accounts in the names of their existing customers. There is NO penalty for a bank that is too big to fail… SAD!!!
Democrats running scared, once again. They can’t vote against torture and now they can’t vote for the consumer. SAD!!!
Harry Reid would have twisted arms to prevent voting for this bill. Meanwhile, Schumer basically twisted arms to get enough Democrats to vote for it so he would not have to.
“Schumer gave the banking bill’s Democratic backers the green light to continue working with the GOP… ‘Sen. Schumer said, ‘Look, if you guys can get it out of committee, you guys can get great bipartisan support, we’ll facilitate a floor vote,’’ said Sen. Heidi Heitkamp (D-N.D.).”
Along with his cheering for the embassy move in Israel, this speaks volumes for Schumer. I regret giving him the benefit of a doubt for over a year after he assumed leadership. To paraphrase Denny Green… you are who we thought you were.