President Obama calls the finance reform compromise the biggest thing of its kind since the Great Depression, and he wants it on his desk by the Fourth of July. But the sudden death of Robert Byrd means one less Democratic vote in the Senate, and familiar questions are being raised all over again. Could banks still be "too big to fail?" Would consumers get better protection? Why would the mortgage giants Fanni Mae and Freddie Mac be left as they are? Will liberal Democrats or moderate Republicans get cold feet?
Finance Reform under the Microscope
Credits
Guests:
- James Barth - former Chief Economist, Office of Thrift Supervision
- Stephen Gandel - Senior Writer, Time Magazine
- Noam Scheiber - New York Times - @noamscheiber
- James Surowiecki - Financial Columnist, The New Yorker