Republicans ‘Hard-Pressed’ to Alter Bank Overhaul, Frank Says
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U.S. Representative Barney Frank, the Democrat who co-authored legislation overhauling the financial industry last year, said House Republicans will be “hard-pressed” to change the law substantively.
“The Senate won’t go along and the president won’t go along,” Frank, of Massachusetts, said yesterday on public television’s “Charlie Rose” program. Democrats control the Senate and White House.