Too Big To Fail Bill

McConnell Faults Democratic Plan to Overhaul Financial Rules - NYTimes.com: " The Democratic proposal to overhaul financial regulations would perpetuate government bailouts of big Wall Street banks rather than end them, the Senate’s Republican leader said on Tuesday.

In a floor speech, Senator Mitch McConnell of Kentucky, the minority leader, signaled the approach his party will take in seeking to revise — or even block — legislation that is a legislative priority for the Obama administration.

“This bill not only allows for taxpayer-funded bailouts of Wall Street banks; it institutionalizes them,” Mr. McConnell said..."