Most politicians would try to stop a federal agency from taking an action that would adversely impact a business in their state, especially if that action would cause their constituents to lose their jobs. But not Massachusetts Senator Elizabeth Warren. Senator Warren recently encouraged a federal agency to intervene to stop an acquisition between two businesses, ignoring the fact that government intervention could cost her constituents their jobs. Senator Warren does not seem troubled that she is advocating the federal government to increase unemployment in her state. Nor is she bothered by the fact that American regulators may have worked behind the scenes to “assist” their European counterparts in blocking the transaction.
Read Full Article »
