In a major victory for President Obama, the US Senate passed the most sweeping overhaul of financial industry rules since the Great Depression of the 1930s.
We can't trust Obama to forge an effective financial bill. But we don’t have to live in despair, because we have an alternative to the Obama-Dodd-Frank approach.
A strategy for winning the next round of the finance debate sets up the progressive case for real reform, for the next time the bankers wreck our economy.