In Yiddish it’s called chutzpah. (Wikipedia: “Chutzpah (/ˈxʊtspə, ˈhʊt-/) is the quality of audacity, for good or (as in this case) for bad.”)
Ms. Sinema was in congress since the Obama years. She has strongly supported deregulating the banking industry.
“Before she went from the U.S. House of Representatives to the U.S. Senate, Sinema was party to an early effort by the banks to undo the provisions of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act that was passed in the wake of the 2007-2008 financial crisis.”
She also voted for the Trump loosening of the Dodd-Frank banking regulations in 2018. “After Trump became president, Sinema and a majority of the House Financial Services Committee supported the far more extensive Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018. Sinema sponsored unrelated accompanying measures protecting children from identity theft and seniors from scammers. The immediate effect was to divert attention from the bill’s ultimate intention, which was to let the banks do whatever they want.”
So after voting for the deregulation of the industry and encouraging bankers to take more risk she’s back. Wondering what happened.
Medicynical Note: We’re watching the slow disintegration of democracy.
A Supreme Court that is supremely unconcerned about voting rights; that appears to support a state religion; that wants to reinstitute the laws of 1776 rather than adjust to the 21st century.
An octogenarian president who, while in my view is an upgrade from the last guy, wants re-election. Someone in their mid 80’s leading the country? Not a good idea.
We also have a House of Representatives led by (third in line for the presidency) a hapless compromised speaker who sold his soul to the most radical conservative faction of his party and who supported the Jan. 6 attempt to overthrow the election.
And now a self proclaimed independent, one of the prime movers to deregulate banking , wonders what caused two banks to fail over the weekend and wants accountability. With such a feckless leadership what could possibly go …………right?