Update on Financial Regulatory Reform

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They’re nearly done and when they are it’ll be a big, much needed victory for Dems and President Obama. But, there are still a few key sticking points. In case you haven’t been glued to C-SPAN3, a look at what’s happened so far in the conference and why this week is crucial.

The thing I find so interesting about this entire process is how polar opposite it’s been compared to health care. The White House was aggressively engaged early on outlining exactly what they wanted and didn’t want (and they didn’t by any means get everything they wanted). The conference is actually televised and quite cordial compared to the back room deals and nastiness with health care. And the bill goes a long way to appeasing the left in ways that couldn’t be achieved with health care.