Must-See TV: Warren Slams Bank Bailout Bill

Image by MSNBC Screen Grab

J.J. Goldberg December 13, 2014

Elizabeth Warren on the Senate floor this evening, delivering one of the most powerful congressional speeches I’ve ever heard, attacking the provision in the omnibus government spending bill that amends the Dodd-Frank banking reform bill to restore the promise of taxpayer bailouts to big banks that lose money on crazy derivative gambling. “On Wednesday I spoke to Democrats who are against bailouts. On Thursday I spoke to Republicans who say they’re against bailouts and asked them to vote their beliefs. Today I’m talking about a third group that has tremendous power in Washington, Citigroup.”

I admit, Dodd-Frank wasn’t perfect. It should have broken you into pieces.

J.J. Goldberg is editor emeritus of the Forward, where he served as editor in chief for seven years (2000-2007).

The views and opinions expressed in this article are the author’s own and do not necessarily reflect those of the Forward. Discover more perspectives in Opinion. To contact Opinion authors, email opinion@forward.com.

A message from our CEO & publisher Rachel Fishman Feddersen

I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward’s award-winning, nonprofit journalism during this critical time.

The coming year promises to be filled with more complex and historic developments. We are entering an era where independent, fact-based Jewish journalism will be more important than ever. We need to be ready for whatever 2025 will bring, and with your help, we can be.

We’ve set a goal to raise $260,000 by December 31. That’s an ambitious goal, but one that will give us the resources we need to invest in the high quality news, opinion, analysis and cultural coverage that isn’t available anywhere else.

If you feel inspired to make an impact, now is the time to give something back. Join us as a member at your most generous level.

— Rachel Fishman Feddersen, Publisher and CEO