Key Democrats Turn Back on Wall Street Lobbyists

News
By Research Team at June 15, 2010 - 5:20pm

This is encouraging:

Wall Street's lobbying army is marching around Washington in a push to shape the final financial-overhaul bill. But it has gotten harder to get through the door with some lawmakers.

One bank has complained that it no longer has access to House Financial Services Committee Chairman Barney Frank (D., Mass.), whose schedule has filled up to accommodate negotiations with his Senate counterparts during the next two weeks.

This is a step in the right direction. Lobbyists need to be locked out as early in the process as possible. Our legislators should be working for us, not the lobbyists.

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