12 May 2010

Financial Reform Plugging Along

I am delighted that Bernie Sanders' Audit the Fed amendment passed, 96-0, although it did take some watering down to get it done. Now, even though the Sherrod Brown amendment to actually bust up the biggest banks didn't pass, I gather there's at least decent prospect of including the so-called Volcker Rule in the bill. For anyone who isn't familiar, here's an explanation.

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