After Republicans decided to save their objections for the Senate floor, Sen. Christopher J. Dodd (D-Conn.), the committee chairman, pushed forward with a financial-regulation bill that sheds several compromises reached with opposition lawmakers and instead hews more closely to the blueprint advocated by the Obama administration.Could it possibly be that Democrats have decided not to negotiate with themselves, not to make concessions in exchange for nothing, to, you know, govern ?
Nah. No way. But at least I can dream.
And I really really like this report of Republicans in disarray.
with Republicans on the committee lacking consensus among themselves on some issues, Sen. Richard C. Shelby (Ala.), the ranking Republican, decided to forgo action on the proposed amendments. He plans to negotiate with Dodd behind closed doors.
And oh my oh my read the bankers' lobbyist's talking point
Edward L. Yingling, chief executive of the American Bankers Association, said the bill would impose harsh rules on traditional banks, putting them "at an even further disadvantage to non-banks and reduce the ability of our industry to support the economy."
Sure sounds to me that the bankers are saying that the non-banks ought to be regulated more and the different reckless fools in finance are turning on each other.