Elizabeth Warren has declared war on the Trump administration’s own “war on regulations”.
In a speech in Washington on Tuesday, the Massachusetts senator and potential 2020 challenger to Donald Trump delivered a liberal rejoinder to the president’s aggressive deregulatory agenda, which she said was really just evidence of a determination to “let the rich guys do whatever they want”.
The Republican argument that regulations hamper economic growth, she said, was a “big, greasy baloney sandwich”. Instead, the rollback of regulations catered to the interests of Wall Street and big business while forsaking rules that protect consumers, workers and the environment.
“The so-called war on regulations isn’t about freedom,” Warren said at Georgetown University Law School. “The war on regulations is waged on behalf of giant companies that don’t want to follow any rules. So let’s call it what it really is – 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.”
Warren’s speech was expected to be the first of several on the subject. In the coming weeks, she said, she will introduce “sweeping anti-corruption legislation” that will aim to “padlock the revolving door between government and industry”, restrict lawmakers’ ability to make policy decisions that benefit themselves, and bolster the ability of federal…