Republicans say financial reg bill protects big banks

WASHINGTON, April 14 (BestGrowthStock) – Republican leaders of the
U.S. Congress said on Wednesday a Democratic financial
regulation bill would protect big banks, harm small banks and
guarantee “endless taxpayer bailouts of Wall Street.”

Senate Republican leader Mitch McConnell and the top
Republican in the House of Representatives, John Boehner,
emerged from a White House meeting with President Barack Obama
and Democratic leaders to complain about the current version of
the legislation.

“It will lead to endless taxpayer bailouts of Wall Street,”
McConnell said.

Boehner told reporters, “My concern is that it protects the
biggest banks in America and harms the smallest banks.”
Growth Stocks

(Reporting by Ross Colvin and Steve Holland)

Republicans say financial reg bill protects big banks