I am sure gutting the CFPA will attract votes and make Coakley more electable

What, if anything, is left in the “financial reform” agenda?

According to the Wall Street Journal, Senator Chris Dodd, a Democrat from Connecticut, has offered to abandon the Consumer Financial Protection Agency (CFPA) proposal in exchange for Republican support on other legislation. Nobody is saying anything official right now, but the WSJ reports that “the offer is conditional on the creation of a stronger consumer protection division within another federal agency.”

Well, there’s that meager tax on bonuses (soon to be compromised away)

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Filed under Financial regulations, What reform, What wall street meltdown?

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