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Suddenly, passing a tough bill became politically necessary.
Does he want political points for introducing a tough bill that can never go anywhere?
"It is indeed a tough bill and you are going to see several measures that are going to weigh on the profitability of the large banks".
But a tough bill of some sort should emerge soon after Thanksgiving.Exam papersThat the current system is a mess is hard to dispute.
"It's a tough bill, and shows the pendulum is swinging toward tighter regulation," said Frederick Cannon, a banking analyst at Keefe , Bruyette& Woods in New York.
Lawrence Summers, Obama's economic adviser, said last week that getting a tough bill covering financial regulatory reform onto the statute book this year was a priority.
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The scene is in sharp contrast to last year's deliberations, when both chambers skipped voting on tough bills.
Other states, including Mississippi and Kansas, watered down or abandoned tough bills to avoid the litigation and protests that Arizona faced.
WASHINGTON, Oct. 6 Law enforcement officers and offici als opened Senate hearings to day on urban guerrilla warfare by endorsing several tough bills aimed at curbing snipers, bomb ers and attacks on policemen.
Five tough bills to prevent the 4,000 people who arrive illegally in Australia each year claiming refugee status are to be presented to the parliament by John Howard's government, with the support of the Labor opposition.
"I'm not against programs that certainly allow people to pay for tough bills, but that's a Band-Aid, that's not a fundamental solution," Teachout said.
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