President Obama might be on the verge of signing a Wall Street reform bill that makes the U.S. economy more vulnerable to a major financial crisis. At least, that’s the view of some experts, both in the Obama administration, on the Hill, and outside, who believe that, amid the anti-bailout fervor consuming the country, Congress and the Treasury Department became too eager to eliminate all future bailouts, and robbed the government of the legal authority they might need in the future to save the economy.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=124335