Bank Bills Test Industry Muscle
Roll Call Staff
Despite being blamed for the near collapse of the U.S. economy, banking interests remain a powerful force in shaping — and killing — legislation on Capitol Hill. But their muscle is being tested by a series of bills aimed at bringing the industry under Washington’s regulatory thumb.
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Schumer Advocates for Many on Panel
Nov. 16, 12 a.m.
As Senate Majority Leader, Lyndon Johnson once said of the Joint Economic Committee, “It’s as useless as tits on a bull.” But as that panel’s chairman during the 110th Congress, Sen. Charles Schumer (D-N.Y.) seized the opportunity to elevate the traditionally low-profile post to the forefront of shaping policy. Read Full Article
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