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We continue our big story of the day with Republican senator -- -- -- Idaho -- -- your Republican.
We've said that finance reform is in the -- -- because some Republicans on now joining negotiations.
I'm my right is it -- -- certainty -- you joining negotiations.
Well definitely Republicans believe that we need financial reform but they're still -- quite a big division about whether the bill that's before us does achieve that.
And we are negotiating to try to get reforms or changes in the bill to make those reforms.
And what I'm talking about is that we've got to stop the bail out there is no company that is too big to fail and taxpayers should not continue to bail them out.
And although this bill purports to do that it falls short in some significant way and then secondly there's a lot of issues but we also are very concerned.
About reaching far beyond Wall Street in the main street and creating a new -- of the government in ways that are possibly going to be.
Restricting growth in the economy rather than helping to grow.
You mail may not be able to change this bill in the way you would like.
I put it to you those that the president has successfully beaten you politically.
By thrashing the bank is going after Goldman Sachs and making you look bad in that -- trying to defend the bank is I think he's -- you politically so.
Well I know that that is the strategy but I'll tell you of this bill doesn't necessarily hurt Wall Street as bad as it -- main street.
And we are going to try to fix it I hope we will get an estate and frankly I think America -- -- -- that -- tell us why why do you think it doesn't hunt Wall Street as much as it -- mainstream can be real quick to the point of yet because as I said.
It doesn't actually end too big to fail or stop the potential for tax -- Or consumer supported bailouts that doesn't do anything with Fannie Mae and Freddie Mac which is a core part of the problem.
And it creates a massive new regulatory agency that the Wall Street banks will be able to handle quite easily but.
The main street banks are gonna have a bigger problem you talked to community banks across this country.
They're very worried about whether the economic climate will be further restricted by the bill.
And frankly I think Americans get it.
They want to fix the excesses on Wall Street so -- Republicans but they don't think we need to have even ever more growing government intrusion control over the economy.
In the massive waves that are potential in this bill to sum it up.
Within a couple of weeks you think we will have a bill it'll be signed by the prize.
I honestly think it's about 5050 I don't think it'll happen in a week.
But if we do get some good negotiations and improvements in the bill it could happen as quickly as -- -- So -- -- -- -- vote Republican Idaho might -- -- so we appreciate being with us thanks very much and thank you.
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