Well, let’s see where this goes:
A top Senate Democrat said Monday he was optimistic lawmakers would move forward with legislation overhauling financial markets this week, as the Obama administration and congressional Democrats sought to build support for the measure ahead of a Senate vote.
Sen. Christopher Dodd (D., Conn.), who chairs the Senate Banking Committee, told reporters that Friday’s move by the Securities and Exchange Commission to bring a suit against Goldman Sachs Group Inc. for fraud could make it hard for GOP lawmakers to block efforts to move forward with the legislation.
I still want to see what powers end up for protecting consumers. If there is not a strong, independent Consumer Financial Protection Agency, this will be very weak.

