Word: reform
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...Still, the Treasury Secretary noted that there was more work to be done in restoring the health of our nation's banks. In particular, Geithner repeatedly stated the need for bank regulation reform. "We did a lot of damage to our nation's financial system, and it is going to take a while to get through it," he said...
...Geithner responded that he didn't think that was a failing of TARP. Instead, he said the fact that some banks continue to grow underscored the need for financial regulation reform, especially the need to give regulators the power to wind down large financial institutions...
...stories and tending to one another's wounds from the bruising town halls that dominated their August recess. And if they weren't unhappy before, few of the survivors of the summer of discontent are now in a mood to deal with the controversial, politically perilous legislation to reform the nation's health-care system...
...attention being paid to the painstaking negotiating process that is under way in the Senate, the House now holds as much, if not more, risk for health-care reform. Already, 23 moderate Democrats have said they will not vote for any of the three bills on the table. Representative Mike Ross, an Arkansas Democrat and a leading member of the Blue Dogs, the fiscally conservative House Dems, said this week that he would not vote for any bill that includes a public plan. If there was one major casualty of the talk of death panels, Nazi comparisons and screaming matches...
...have to strong-arm vulnerable freshmen and sophomore lawmakers to vote for the bill in order to pass it - a big gamble in an uncertain electoral atmosphere. So skittish are a few vulnerable Democrats that they are actually considering skipping President Obama's much-touted speech on health-care reform before a joint session of Congress on Sept. 9, for fear of being caught on camera applauding any health-care initiatives. "There are a lot of freaked-out moderate and swing-district Democrats who are now gun-shy, regardless of what is in the bill," says Charlie Cook, editor...