"Democrats: Wall Street is next"
Democrats on Wednesday made financial reform their new top domestic priority, vowing to enact an overhaul of Wall Street this year and warning opponents not to stand in the way.
President Barack Obama is looking to Congress to pass a regulatory bill in the next few months, and key congressional Democrats said they are emboldened to act following the passage of healthcare legislation on Sunday night.
Republicans who voted unanimously against healthcare reform will suffer the political consequences using the same strategy on Wall Street reform, Senate Banking Committee Chairman Chris Dodd (D-Conn.) told The Hill on Wednesday. . . .
Labels: financialmarkets, Regulation
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