Lincoln's derivatives language safe -- at least until Tuesday
Given the opposition of the White House, the Federal Reserve, Paul Volcker, the FDIC, Chris Dodd and all the banks, I was surprised to see that Blanche Lincoln's proposal to separate derivative swap desks from banks survived an amendment designed to weaken it. But Brian Beutler reports that there might be less here than meets the eye: Lincoln's primary is Tuesday, and Democrats aren't going to do anything to harm her position before then. After that, though, you might see her language weakened in the Senate bill or negotiated out during conference committee.
May 13, 2010; 12:28 PM ET
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