Where is the White House on Financial Regulatory Reform?

Why is the White House allowing soon to be retired Senator Dodd to drive the entire financial reform discussion?

The Consumer Protection legislation and the derivative reforms are the sort of things that the President should be leading on — not following someone like Dodd. Why is the White House AWOL on these important issues?

Can someone please explain to me — in calm, non-biased, rational terms — just what is going on here?

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