We forgot about these guys
April 29, 2010 | federal legislation, industry | Comments (0)House GOP doesn’t like what’s going on in the Senate. From Politico:
House Republicans are unlikely to jump on board with a financial reform bill even if a controversial $50 billion bank liquidation fund is removed, making it clear that even if a Senate compromise emerges, the vote will still be partisan in the House.
“Essentially, either you believe in ‘too big to fail’ or you don’t,” said Rep. Jeb Hensarling (R-Texas). “It’s like being a little bit pregnant.”
Three members of the conservative Republican Study Committee emphasized to reporters at a half-hour morning session that they think any reform should deal with the practices that led to excessive lending and the federal takeover of Fannie Mae and Freddie Mac.
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