State of play
September 8, 2009 | federal legislation, industry | Comments (0)This article makes some interesting points:
“There is still a tremendous urgency to get things done, but there is almost anarchy even within the Democratic Party now in terms of how to do it,” said Chris Low, the chief economist at First Horizon National Corp.’s FTN Financial.
How far regulatory reform progresses may turn in part on whether Congress can pass a health-care reform bill, the dominant issue in Washington. If health-care reform is enacted, it would clear the decks for lawmakers to focus more on regulatory restructuring.
“Let’s see what happens with health care because, if … they actually pass something in the next month, then I think that greatly increases the odds of reform this year,” Low said.
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