Skip to main content

There’s an information war raging, and the stakes couldn’t be higher. Every day we search hundreds of items on the Internet to bring you insightful and reliable material on the side of democracy and social justice. Once a year we appeal to you to contribute to this work. Please help.

 

Wall Street Finding Washington a Friendlier Place.

,

'Bank lobbyists are not leaving it to lawmakers to draft legislation that softens financial regulations. Instead, the lobbyists are helping to write it themselves.

'... The lobbying campaign shows how, three years after Congress passed the most comprehensive overhaul of regulation since the Depression, Wall Street is finding Washington a friendlier place.

'The cordial relations now include a growing number of Democrats in both the House and the Senate, whose support the banks need if they want to roll back parts of the 2010 financial overhaul, known as Dodd-Frank.'