With the possible exception of Donald’s Trump’s press conference at his Trump Turnberry resort in Scotland, the most self-serving comments about Brexit by any U.S. politician came from Congresswoman Gwen Moore The in a pandering press release, someone in her office wrote: To be expected, markets are reacting with volatility to this news, but I am in contact with U.S. regulators and am prepared to work with President Obama and my colleagues in Congress to mitigate the potential for economic contagion from this decision. Fortunately, the Dodd–Frank Wall Street Reform and Consumer Protection Act has significantly strengthened financial markets and provided regulators valuable new tools to fight economic contagion, and the Federal Reserve is closely monitoring the situation and is prepared to act if necessary. I am confident that global markets will soon normalize and we will work through the impact of this major restructuring of the European economy. Apparently, she spoke to Janet Yellen today. While it’s too soon to project just how this will impact Wisconsin, it is clearly an unwelcome blow to our economy, at least in the short-term. As Britain is one of Wisconsin’s largest trading partners, it is imperative that we stay vigilant as developments continue to unfold. Despite strongly disagreeing with nearly every economic policy of Governor Scott Walker’s administration, I am prepared to work with his office to curtail any negative
from Breaking News http://ift.tt/28T6kC7
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