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Tag >> resolution authority
Feb 21
2010

On banking reform, a bipartisan sighting

Posted by kcates in Volckerresolution authorityObamakcatesJPMorganHank PaulsenCongresscompliance

kcates

 

So maybe we're not such a purple nation, after all. Red is red and blue is blue and they're not mixing, especially if you're using bipartisanship in Washington as a gauge. Regulatory reform of banks is a good example. The party in power would if it could resurrect Glass-Steagall, but that's not going to happen unless they rewrite the rules of the Senate and grant simple majority rule.

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