GOP Uses Budget, Other Tools to Sap Financial Law

Townhall.com Staff
|
Posted: Jul 05, 2011 9:43 AM
GOP Uses Budget, Other Tools to Sap Financial Law
President Barack Obama's financial overhaul law is nearly a year old. For congressional Republicans, the fight to weaken it is just starting.

Wary of trying to repeal the entire statute and being portrayed as Wall Street's protectors — banks rank among the country's least popular institutions — GOP lawmakers are trying to nibble away at the behemoth measure. It's a crusade they're waging despite lacking the White House and Senate control they need to prevail.