Democrats, Financial Overhaul Bill | featured news

Democrats drop fee from bank bill to secure votes

Top Democratic House and Senate negotiators who worked out a deal on a sweeping overhaul of financial regulations regrouped Tuesday to eliminate a $19 billion fee on banks that had threatened to derail the legislation.

 

Lack of jobs loosens Democrats' grip on power

Lack of jobs loosens Democrats' grip on power

The sweeping overhaul of the nation's financial industry is President Barack Obama's answer to the nation's outrage over Wall Street bailouts. But come November if more Americans don't have jobs, Democrats in Congress could very well lose theirs, too.

 

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