Elizabeth Warren: Citigroup Lobbyists "Literally Wrote" Omnibus Bill


SEN. ELIZABETH WARREN: In fact, the title of the provision is No Bailouts. I mean, that's what this is about. So every Republican and every Democrat who votes for this, is voting to say, you know, we're going take out the part that says no bailouts for derivatives trading.

You think everybody would say, we're not doing this. We're not doing this. But do keep in mind this was a provision that was written by Citigroup lobbyists. I mean, they literally wrote it. They took it back, reedited it and made sure it said exactly what they wanted it to say. The biggest financial institutions in this country can make more money if this little provision gets stripped out of Dodd/Frank, and that's why we're here to fight.

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