Senate tramples state banking laws

The bleevogoff Senate strikes again.

A few days ago, the allegedly Democratic Senate passed a measure that would prohibit states from enacting new laws to protect consumers from big banks (even if federal laws are completely nonexistent).

My, how very Republican of them.

This was supported largely by the same people who keep yelling that health care reform violates the Tenth Amendment. If anything violates the Tenth Amendment, it's not letting the states regulate banks.

(Source: http://www.usatoday.com/money/companies/regulation/2010-05-19-financialreform19_ST_N.htm)