Alaska Senator Lisa Murkowski is among the Republicans the White House is trying to work with and mollify over a pending financial regulatory bill. Treasury Secretary Timothy Geithner made the rounds on Capitol Hill this week to talk financial reform, and stopped at Murkowski’s office Thursday evening.
Senate Democrats plan their first test of legislation Monday, which will force Republicans to vote on whether to move forward. At least one Republican will have to side with Democrats to stop a filibuster. Murkowski says the main concern she brought up with Secretary Geithner is over community banks and credit unions, and how they could be caught up in regulations designed for big Wall Street banks. She says small banks in Alaska could get unnecessarily squeezed.
Libby Casey, APRN – Washington DC
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