Oh, you guessed it. Why not both?
Forty-four of your Republican Senators, led by Richard Shelby of Alabama (pictured above), have
"sent a letter to President Obama" calling for "common sense reforms" to his proposed new Consumer Financial Protection Bureau. Here is the best:
• Establish a safety-and-soundness check for the prudential financial regulators, who oversee the safety and soundness of financial institutions. This would help ensure that excessive regulations do not needlessly cause bank failures.
have more detailed analysis of this latest hamstringing attempt by the GOP.