POLITICS

Bloomberg: Why Obama Is Wrong And Elizabeth Warren Is Right On Trade Bill Dispute

WASHINGTON, DC - MAY 12:  Sen. Elizabeth Warren (D-MA) speaks about the release of a new report authored by Nobel-prize winni
WASHINGTON, DC - MAY 12: Sen. Elizabeth Warren (D-MA) speaks about the release of a new report authored by Nobel-prize winning economist Joseph Stiglitz published by the Roosevelt Institute May 12, 2015 in Washington, DC. The report, titled 'New Economic Agenda for Growth and Shared Prosperity', discusses the current distribution of wealth in the U.S. and offers proposals for modifying that distribution. (Photo by Win McNamee/Getty Images)

In her quarrel with President Barack Obama over trade legislation, Elizabeth Warren has got the law on her side.

The Massachusetts senator has warned fellow Democrats that a fast-track trade bill now in Congress could undo U.S. laws such as the Dodd-Frank banking regulations later. A number of constitutional scholars and other legal experts say she’s right.

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