President Obama is hoping Republicans will filibuster on financial reform, according to a speech given by Newsweek's Washington correspondent Howard Fineman at the SIFMA Private Client Conference last week in New york.
Holding up a copy of Obama’s speech on regulatory reform, Fineman said, “Obama is trying to rally populist sentiment against Wall Street." By waiting for Republicans to filibuster “the Administration is taking a more active stance. Obama is trying to recapture the populist initiative and goad the Republicans.”
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access