GOP says not opposed to financial overhaul
WASHINGTON — A top House Republican says lockstep GOP opposition to a Senate effort to begin debating a bill revamping financial regulations does not mean his party opposes an overhaul.
Senate Democratic leaders are expected to try starting debate today on the overhaul legislation, which will require 60 votes. Senate Republican leaders have said all 41 GOP senators will vote against the move, which would block the start of debate.
California Republican Rep. Darrell Issa maintains 41 “no” votes by Senate Republicans “is a yes vote to more comprehensive reform, more balanced reform.”
Speaking on CBS News’ “The Early Show,” Issa said the bill does not do enough to restrain Fannie Mae and Freddie Mac, the giant lenders that lost billions in bad loans.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- DAVID DALLAS — From Dan and Dixie with love
- The Dan Jones-IHL saga: Is this the story that started it all?
- Email from Nash to Delta Council’s Morgan included in DHA court file
- Dan Jones rejects IHL offer, won't publicly apologize
- Delta Health Alliance CEO Karen Fox under investigation for possible misuse of funds
- Suit against Kemper employee Brett Wingo is dismissed
- WRESTLING SUCCESS — Ted DiBiase Jr. leaves ring to become entrepreneur
- BREAKING NEWS: Trustees offer new deal to Ole Miss chancellor Dan Jones
- JOSH MABUS: Bill Murray and business misfits
- Two new casinos like the odds on Mississippi Gulf Coast