Wall Street Wielding Campaign Cash to Fight Off Regulation Efforts

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The Wall Street Journal reports that after taking a brief respite while receiving government bail-outs, Wall Street is upping their campaign giving and lobbying efforts to fight off finance industry regulation efforts in Congress. "The renewed assault on Washington comes as the Capitol Hill debate begins on a broad overhaul of financial-services regulations that is strongly backed by President Barack Obama and opposed by large swaths of the finance industry. The spending could also heighten tensions with Mr. Obama, who as recently as Tuesday called on Wall Street to stop lobbying against the proposed regulations."   For the whole story, click here.