TPM says the bill is largely the version that passed the Senate.
“Mr. Washington” Rob Portman (actually nickname given by Portman’s political allies in D.C.) announced in April that he opposed the Senate reform bill and, presumably would have joined the GOP caucus in their attempts to filibuster it. Lee Fisher was a vocal supporter of the bill and has been since announcing his candidacy.
The Ohio Democratic Party’s Portman spoof site has a good rundown of Portman’s Wall Street sympathies and pro-Wall Street record. There is a growing awareness that the Republican candidates at the two top positions of the ticket have problems in their resume which would ordinarily be strengths, but are serious liabilities in the current political environment.
I expect we’ll be some web video or perhaps even a paid television ad that will contrast the candidates on this issues soon. After all, this was a jobs bill because until economic actors have confidence that the same greedy and abusive practices which led to the economic meltdown are not likely to happen again, we won’t be able to see a stable environment. Now that the uncertainty of what the reform will be is resolved and that it is going to be in place, confidence in our financial systems can finally start to improve.
A vote for Rob Portman is a vote for a deregulated Wall Street where the SEC acts as toothless and complacent as the former MMS agency did leading up to the Deep Horizon BP spill.
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