GOP Desperate to Sink Finance Reform — Sound Familiar? « SpeakEasy

GOP Desperate to Sink Finance Reform — Sound Familiar? « SpeakEasy

Senate Minority Leader Mitch McConnell (R-Ky.) flew to New York two weeks ago for a private, behind-closed-doors meeting with hedge fund managers, bankers, and other Wall Street elites. It was after this meeting — where McConnell reportedly sought campaign contributions — that the Republican Senate leader returned to D.C. determined to kill the legislation that would bring some accountability to the same industry whose recklessness nearly destroyed the global financial system.

McConnell was asked on CNN this morning what, specifically, was said at the gathering about the Wall Street reform bill. The conservative Kentuckian was evasive — imagine that — and instead of answering the questions, he talked about scrapping the legislation altogether.