As financial overhaul takes shape, it's crunch time for lobbyists
Friday, May 21, 2010 - 23:00
in Mathematics & Economics
Few differences exist between the Senate and House bills, leaving little time to push for changes. Obama says his administration will keep the rules tough. Banking and business lobbyists prepared a last-ditch effort Friday to scale back ambitious new regulations governing the financial industry, hoping to sway congressional leaders who are putting the finishing touches on the legislation.