“FINANCIAL TAKEOVER BILL” SEEMS POISED FOR PASSAGE

Wednesday, July 14, 2010
By Paul Martin

By Sarah Foster
July 14, 2010
NewsWithViews.com

WASHINGTON – Thanks to three aisle-jumping Republicans, it looks like Senate Majority Leader Harry Reid will have the votes needed to push the Conference Report of the financial regulatory bill towards a final passage this week.

Officially titled the Dodd-Frank Wall Street Reform and Consumer Protection Act, after its chief sponsors, opponents are calling it the Frank-Dodd Financial Takeover Act because of its threatened overreach into all segments of the economy and pending control of businesses from Main Street to Wall Street.

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