A Project of The Annenberg Public Policy Center

More Regulatory Rhetoric

A new attack ad targeting three Democratic senators and one Republican criticizes "hidden taxes on … pensions and retirement accounts" in the financial regulation legislation being considered by Congress, and urges the senators to "vote against this phony financial reform."
The ad gives a false impression. The Senate bill doesn’t contain the tax mentioned in the ad.

The ad is the work of a less-than-transparent group calling itself "Stop Too Big To Fail," which says its $1.6 million ad buy is targeting senators in Nevada,