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IPFS News Link • Legislative Mischief

Bank bill delayed in House, Senate divided

• Reuters
Progress toward tighter U.S. financial regulation faltered in the U.S. Congress on Thursday as a House committee postponed a pivotal vote and Republicans on a Senate committee aired stubborn opposition.

The setbacks came as lawmakers streamed out of town for a Thanksgiving holiday break, leaving further decisions on the regulatory reform agenda -- a key initiative of the Obama administration -- until December 1 at the earliest.

 

1 Comments in Response to

Comment by Lucky Red
Entered on:

 Sure, they're divided.  They're waiting for more kickbacks and bribes from those fine institutions where anything goes and greed is the norm.



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