VIDEO: A Wall Street Bailout Bill

Brandon Stewart / April 28, 2010

This week, efforts are underway to begin considering a bill sponsored by Senator Chris Dodd (D-CT) which he and the President have claimed would bring real financial reform to Wall Street. As our latest video explains, in its current form, it can better be described as a Wall Street Bailout bill.

In his latest paper, Heritage scholar James Gattuso identifies 14 “fatal flaws” and reports that the bill would actually make another financial crisis or bailout more likely to occur. Some of its more worrisome features: (more…)