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Tags: elizabeth warren | regulations | senate | 2020 candidate

Elizabeth Warren Rips Trump's War on Regulations


By    |   Wednesday, 06 June 2018 01:12 PM EDT

Sen. Elizabeth Warren, D-Mass., tore into President Donald Trump during a speech at Georgetown University Law School on Tuesday, accusing the commander in chief of waging a war on government regulations to benefit the wealthy.

"The so-called war on regulation isn't about freedom; the war on regulations is waged on behalf of giant companies that don't want to follow any rules," Warren said in the address, which was aired by C-SPAN.

"So, let's call it what it really is: it's a war on public health, a war on public safety, a war on truly free and competitive markets. A war on American workers. A war on American consumers."

The rallying cry that regulations are "bad" for the American economy is a "big, greasy baloney sandwich," she said.

One example, she said, was Environmental Protection Agency Director Scott Pruitt rolling back climate change regulations, which the Center for American Progress estimates will cost Americans about an annual $260 billion, some of the costs for "hospital admissions and funeral bills."

She also accused Mick Mulvaney, director of the Bureau of Consumer Financial Protection, of weakening rules pertaining to the "oversight of payday lenders."

Warren, a potential challenger to Trump in 2020, said she will soon introduce "sweeping anti-corruption legislation to clean up corporate money sloshing around Washington and make it possible for our elected government to actually work for the American people again."

"When we send a message that corporate profits and powerful interests cannot overpower the health, safety, and economic wellbeing of hardworking families, we fire a warning shot," Warren said.

"This is our time, our responsibility, our chance to rebuild a country where government works, not just for the rich and powerful, but for the people."

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Tearing into President Donald Trump's regulatory rollback, Sen. Elizabeth Warren, D-Mass., delivered a speech at Georgetown University Law School on Tuesday.
elizabeth warren, regulations, senate, 2020 candidate
Wednesday, 06 June 2018 01:12 PM
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