*I've heard that Senate Banking Chairman Chris Dodd (D-CT) has expressed privately that there will be no regulatory modernization bill enacted this year because of White House opposition. They do not like the Senator Corker (R-TN) provisions exempting the "Payday lenders"
*Democratic Party and White House political advisers are telling Democratic Senators that it is more politically advantageous to keep alive the anti-bank sentiment as an election issue than to enact a compromise on regulatory reform.
*My opinion-only the "Too Big To Fail" stuff will ever be enacted. That's an issue most Senators agree on.
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