McConnell (R-Ky) managed to get 41 GOP senators to vote against even DEBATING the financial reform bill. This, after his private meeting with Sen. Cornyn and a group of 25 Wall Street executives, most of them hedge fund managers, a week earlier.
As a financial reform bill starts to take shape in Washington, two key lawmakers came to New York City last week to explain what it means for Wall Street, and how financial executives might help prevent some of its least market-friendly aspects from becoming law by electing more Republicans, FOX Business Network has learned.
About 25 Wall Street executives, many of them hedge fund managers, sat down for a private meeting Thursday afternoon with two of the most powerful Republican lawmakers in Congress: Senate minority leader Mitch McConnell of Kentucky, and John Cornyn, the senior senator from Texas who runs the National Republican Senatorial Committee, one of the primary fundraising arms of the Republican Party.The undercurrent of the gathering, however, was undeniably political. [......]
McConnell's hometown paper published a scathing editorial titled "McConnell to big banks' rescue". The Lexington Herald-Leader accuses McConnell of pandering to Wall Street executives ,as well as his repetition of the false talking points created by Luntz.