Regulatory Reform Moving Forward in 2010

It looks like the political environment in Washington is set to support a financial regulatory reform package this year. A recent poll published in The Hill demonstrates the sentiment for pushing forward on reform.  Here is what they had to say.

Washington insiders overwhelmingly believe Congress in 2010 will pass new regulations on the financial industry. According to a new poll by FD, a communications and strategy firm, 76 percent of Washington insiders say financial regulations will head to President Barack Obama’s desk this year. The FD survey included 300 insiders working in lobbying, government, media, nonprofits and think tanks, among other associations. The poll was conducted between Jan. 31 and Feb. 1 with an error margin of 5.7 percent.  The poll showed that insiders strongly believe Obama will attempt to move to the political center this year and that Congress will not pass healthcare reform, a limit on greenhouse gas emissions or new restrictions on campaign finance.

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