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Sneaky financial deregulation via the House Agriculture Committee

By Patrick (352/352 = 100% civil)   2013 Mar 24, 9:33am   ↑ like   ↓ dislike   252 views   0 comments   watch (0)   share   quote

Imagine youre a finance lobbyist and want to move deregulation and other industry-friendly policies through Congress. While you might think the House Financial Services Committee would be the logical place to do it — since it has jurisdiction overfinancial issues, naturally — what if there were a sneaky way tomaneuver it through a far less scrutinized committee, so most people would have no idea what you were doing? This is the story of howthe worlds largest banks came to love the HouseAgriculture Committee. In Washington, we often witness politicians forgetting the lessons of a year or five years or 10...

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