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GOP still blocking Treasury appointees and increase risk to US financial system



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Do they ever do anything besides obstruct? The Democrats are going to have to step up the pressure here and do a much better job of showing how the Republicans are owned by Wall Street and are risking financial failure due to their policies. How is it possible to have gone through such a colossal financial failure that was so deeply tied to GOP policies and not give a damn about improving the system? That said, it's hard to believe how relaxed the Democrats are about this. How do they not make the GOP eat this issue?

For more than a year, the Treasury Department has grappled with a monumental global economic crisis while many of its most senior people have had to walk out of internal meetings at critical moments and have been barred from joining in-depth exchanges with foreign governments.

That's because the appointments of these officials have been blocked at times by various Republican senators. Until now, their reasons for thwarting the Treasury have been largely unknown beyond the halls of Congress.

It turns out the sources of discontent apparently were not the appointments themselves. In one case, it was a tax penalty on small businesses. In another, the passage of an anti-tobacco plan in Canada. Yet another involved a tussle over online gambling.


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