All assets deployed. They even tapped the parliamentarian on this one, that is desperation.
If anon had to guess, a death spiral in this case is something DS wants/needs at this moment to get the revolution they've always itched for and to regain the initiative.
They are so weak. And so they capitulate on the bill, but then what? Fed action one way or the other?
Banksters aren't untouchable, must be weird for them.