Democrats Faced 'Enemy Within' In Passing Regulatory Reform Bill
December 21, 2009
Congress passed comprehensive regulatory reform and restructuring legislation after a tough, uphill battle that pitted Democrats not only against traditional opponents but dissenting colleagues as well. After the smoke cleared, the House approved H.R. 4173, the Wall Street Reform and Consumer Protection Act of 2009, by a vote of 223-202. The bill represents the biggest change in financial industry regulation and supervision in decades and the toughest...