A joint committee reached a surprise compromise last week on finance reform, and President Obama wanted both houses to pass it by the Fourth of July. But the death of Senator Robert Byrd deprived Democrats of a crucial vote, and today Massachusetts Republican Scott Brown pulled out, citing a $19 billion fee he called an unacceptable tax.
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