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Not a done deal

April 6, 2010 | federal legislation, industry | Comments (0)

From Time magazine:

Start with the calendar. Financial reform still needs to get through the full Senate. Then the House and the Senate would have to work out a compromise bill, which would have to get through the House and the Senate again, which would mean ample opportunities for filibusters and other delays. And the window for bipartisan cooperation — never a particularly large window — gets smaller every day. “Time is not the friend of reform,” an Administration official told me in January. “This won’t get done after everyone goes home to campaign in August.”

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