Monday, July 11, 2011
How the Finance Sector Is Buying Off Washington
Gary Rivlin, NewsweekThere are the bills a president signs sitting in the Oval Office and the bills that merit a Rose Garden ceremony. And then there are bills so momentous"”or at least so critical to a president's reelection prospects"”that those around the commander in chief orchestrate a more elaborate ceremony. Such was the case with Dodd-Frank, the financial-reform package that President Obama signed into law last July against a backdrop of velvet curtains in a resplendent venue a few blocks from the White House."Passing this bill was no easy ...
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