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The rich and the right aim to dynamite Dodd-Frank – and Democrats are helping them do it | Ross Barkan

Senators voted with Republicans to cripple banking oversight. The party has learned nothing from the triumph of Trump

Perhaps it’s not so surprising that the Democratic establishment hasn’t learned the lessons of its failure. In an economy hollowed out by the Great Recession, legacy Democrats lurch, occasionally, in a populist direction before retreating to where they are most comfortable: doing favors for the rich in exchange for campaign donations.

Related: The West Virginia teacher’s strike is what real resistance looks like | Jeff Biggers

Weakening Dodd-Frank confirms the suspicions of any cynical voter – that the political class really will screw them over

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Source: The Guardian

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