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Obama Slams Warren on Trade Comments
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10.05.2015
President Barack Obama has stoked the rising tensions with Sen. Elizabeth Warren and the progressive Democratic base over contentious trade negotiations.
In an interview with Yahoo! Politics published Saturday, Obama said that the Massachusetts senator’s arguments “don’t stand the test of fact and scrutiny,” and that “she is absolutely wrong,” on any trade deal’s potential to roll back the Dodd Frank Act. Obama’s comments came during his visit to Nike headquarters in Portland where he is promoting the Trans-Pacific Partnership being negotiated between 12 countries.
Warren has argued that a bill giving Obama “fast-track” authority to approve the trade pact would “give Republicans the very tool they need to dismantle Dodd-Frank,” the 2010 law passed in the wake of the financial crisis and a signature accomplishment of the Obama administration.
In an interview with Yahoo! Politics published Saturday, Obama said that the Massachusetts senator’s arguments “don’t stand the test of fact and scrutiny,” and that “she is absolutely wrong,” on any trade deal’s potential to roll back the Dodd Frank Act. Obama’s comments came during his visit to Nike headquarters in Portland where he is promoting the Trans-Pacific Partnership being negotiated between 12 countries.
Warren has argued that a bill giving Obama “fast-track” authority to approve the trade pact would “give Republicans the very tool they need to dismantle Dodd-Frank,” the 2010 law passed in the wake of the financial crisis and a signature accomplishment of the Obama administration.
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