Wednesday, September 1, 2010

Senator Corker and the Dodd-Frank Bill

Senator Bob Corker (R-Tenn.) went to extraordinary lengths to reach across the aisle to forge a consensus financial regulatory reform bill. After making considerable progress in a cooperative effort at crafting a bill, Senator Corker's efforts were cast aside. Instead, Senator Chris Dodd (D-Conn.) went ahead with a purely partisan bill that, only with very minor compromises, obtained enough Republican support to pass. This is another legislative behemoth that will have enormous unintended consequences.

Read an interview with Senator Corker and his views on his experience and the new legislation at this link:

No comments:

Post a Comment