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Cheerleading

April 8, 2010 | federal legislation, industry | Comments (0)

The White House is using the media to create momentum for financial reform.  From the story

As it stands now, {Deputy Treasury Secretary} Wolin predicted that the Senate as a whole will start considering the legislation passed through the Senate Banking Committee “sometime in April” after which it will have to be merged with the House’s variation. Provided there are no setbacks, the president could sign legislation into law by Memorial Day.

“The timing game we can play all day long,” said Diana Farrell, Deputy Director of the National Economic Council. “Is [Memorial Day] feasible? It’s feasible.”

Seems like a tight time frame to me.  I remembe they were doing this around health care reform as well.  First it was going to be passed by Memorial Day, then July 4th recess, then August recess, then end of the year.

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