You are hereHuffington Post: Treasury Official Lashes Out At Chamber Of Commerce For Being 'Dishonest' About CFPA

Huffington Post: Treasury Official Lashes Out At Chamber Of Commerce For Being 'Dishonest' About CFPA


March 24, 2010- The Obama administration went on the attack Wednesday against the country's biggest business lobby over resistance to an overhaul of the financial rules system.

Deputy Treasury Secretary Neal Wolin told the U.S. Chamber of Commerce on its own turf that a reworking of the financial system was sorely needed and that the attempted obstruction by Chamber was misguided.

Wolin was brutal in his remarks -- as the Wall Street Journal noted: "Wolin brought his own lunch to the U.S. Chamber of Commerce -- a knuckle sandwich."

While members of the chambers sat at nearby tables, Wolin attacked the Chamber's lobbying and advertising campaign against financial regulatory reform, calling them misleading, dishonest and "backward," notes the WSJ, even invoking the Tea Party movement at one point: "As the Tea Party folks might say, 'Read the bill.'"

FULL STORY HERE:

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