Whatever Senators’ alliances, regulatory overhaul of the financial services industry is likely to be the election issue of 2010, according to a new report by Boston’s Aite Group called “Smart Regulation: Is It Possible?”
At issue is President Barack Obama’s need to generate political momentum after flubbing healthcare reform and losing the 60-vote advantage in the Senate following the election of Republican candidate Scott Brown to the seat left vacant by Democrat Senator Edward Kennedy’s death.
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