If You Want to Follow the Action on Financial Reg Reform
has been following the fate of the various amendments in the Senate and blogging it over at .
The biggest highlight from our perspective was probably not an amendment passing, but the defeat of an amendment:
An amendment from ranking Banking Committee member Richard Shelby , 38-61. His proposal would have moved consumer-protection authority from an independent bureau to a division within the FDIC and limited its jurisdiction; defeating this bill by such a large margin shows the political favorability of (relatively) strong consumer authority.
For the broader public however, there are a variety of high profile items that have been acted on recently, .