With the oil spill and other news, financial reform has fallen off the radar. But a House-Senate conference committee continues to negotiate over how to reconcile the versions of reform that passed each chamber. Those negotiations are very difficult to monitor, even for other senators and congressmen, and a lot can happen there to significantly shape the final bill. But we’ve gotten a glimpse at one gambit reform opponents are taking. As Brian Beutler reports, four House Democrats, including three who are on the conference commitee, are quietly maneuvering to weaken two of the key elements of reform.
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