The White House’s heavy hand continues to guide financial reform negotiations as they enter their last days, creating a dynamic that has been frustrating to those who want to truly change the way business is done on Wall Street. As House and Senate principals put their heads together to iron out the differences between their two bills, the Obama administration is closing off most opportunities to impose the sorts of new rules that critics say will be needed in order to prevent another financial crisis.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=125835