The mortgage crisis was a major factor in the Wall Street crisis, but the new financial reform bill once again demands that banks give mortgages to low-income people who can’t afford them. What else does the bill provide? Why is this a great deal for banks but not the taxpayers? Why is the president’s choice to lead the new Consumer Financial Protection Agency another red flag? And should the Senate Republicans have allowed debate to begin? We ask Brian Johnson, federal affairs manager at Americans for Tax Reform.
