Senate Republicans are threatening to filibuster an amendment that would bar commercial banks from using taxpayer-backed money to trade for their own gain, a Democratic leadership aide said Monday. The amendment is patterned after the so-called Volcker Rule and cosponsored by Sens. Carl Levin (D-Mich.) and Jeff Merkley (D-Ore.).
The GOP will keep fighting for the robber barons until the bitter end. If they prevail it will be at the expense of your 401k at least, as history is sure to repeat itself.
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