Slow down
April 27, 2010 | federal legislation, industry | Comments (0)From from Left-wing blogger Matthew Yglesias at the Daily Beast:
For those of us who wrote extensively about the health-care reform process, the striking thing about the motion of financial reform legislation through the United States Senate is the incredible speed with which it’s being done. Democrats don’t just want a bipartisan bill; they literally cannot pass a bill unless at least one Republican will vote for it. But instead of engaging in the sort of open-ended bargaining that characterized Max Baucus’ ultimately futile “Gang of Six” process, Chris Dodd swiftly moved a bill through committee and Harry Reid has committed to holding cloture votes this week.
He goes on about the mistakes of the health care bill and calls for slowing financial reform down.
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