Dodd Fights the Financial Reform SmearsApril 14, 2010 - by Donny Shaw
The Democrats really do seem to have a new fire behind them as they are starting to take up financial reform. Yesterday, we heard that Sen. Blanche Lincoln [D, AR] of all people would be leading the Democrats on passing a tough derivatives reform bill. Today, Banking Committee Chairman Sen. Chris Dodd [D, CT] took to the Senate floor and unhesitatingly fought back at Minority Leader Sen. Mitch McConnell’s [R, KY] false claims that the Democrats’ financial reform bill would lead to endless bank bailouts. Here’s the video:
You can read the leaked Republican talking points memo on how to kill financial reform legislation right here. Note that the memo on how to kill the bill was written a month and a half before the bill was even unveiled.