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SEP 26, 2013 - The Nation

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Wall Street’s Odd Calm About A Debt Ceiling Breach

When Senator Elizabeth Warren addressed members of the Financial Services Roundtable in Washington on Thursday, she began by recounting the first time she spoke to the trade group, representing the country’s largest banking and financial interests, in 2010. At the time, the Dodd-Frank bill had just been passed after bruising battles with the industry, and she was in the process of setting up the Consumer Financial Protection Bureau, which the financial sector and its allies in Congress loathed and would repeatedly try to defang. “When [Chairman] Richard Davis introduced me, he ... Read More

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