Reid Sets Deadline for Bank Reform Bill

Worth Clicking: Blasts from the past wound Romney

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May 04, 2010

Reid Sets Deadline for Bank Reform Bill

Senate Majority Leader Harry Reid (D-NV) "is pushing to end consideration of the financial regulatory reform bill by next week, noting the chamber's laundry list of priorities and narrowing timeline as the election season heats up," Roll Call reports.

Said Reid: "I hope we can move forward and get this legislation done. We have to finish it by next week," Reid said on the floor Tuesday, noting the bill will clear "one way or the other by next week."

Meanwhile, Ben Smith notes the "bad politics" of a J.P. Morgan executive who wrote a memo blasting senators who displayed "an unnerving ignorance of fundamental principles of market economics" during last week's Goldman Sachs hearing.

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Taegan D. Goddard is the founder of Political Wire, one of the earliest and most influential political web sites.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country, including the Washington Post, USA Today, Boston Globe, San Francisco Chronicle, Chicago Tribune, Philadelphia Inquirer and Christian Science Monitor.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

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May 04, 2010