Elizabeth Warren posted on her Facebook page.

Less than a week after Wall Street slipped a bailout provision written by Citigroup into the government spending bill, the Fed has given the big banks another victory. Delaying the Volcker Rule is one more giveaway that lets Wall Street have more time to make risky bets using taxpayer-backed money. This is a nice favor for the lobbyists working to slow down the implementation of Dodd-Frank and chip away at critical financial reforms, but it’s a bad deal for middle class families and our economy.

The post were an introduction and comment on The New Republic article Wall Street Is Dismantling Financial Reform Piece by Piece.  You can’t realize the height of the duplicity of the deal the banks slipped into the Cromnibus spending bill, until you read how the article connects that to this delaying of the Volcker Rule.   This is something that Machiavelli would have written about if he were writing The Prince today.