In Praise of Barney Frank
As Democrats are poised to take control of the House (and perhaps the Senate), some business leaders are saying things like this:
"Barney Frank is fair, he's smart, and he's focused," says former Representative Steve Bartlett (R-Tex.), now CEO of the Financial Services Roundtable. "That's the kind of leadership we need."
Business Week reassures its readers that Democrats are not hostile to business (or, the article implies, to corporate lobbyists). Democrats will, however, take oversight of multinational corporations a bit more seriously than the Republicans did:
Of course, even a more conciliatory approach probably won't deter Democrats from convening oversight hearings to target certain industries with close ties to the Bush White House -- particularly energy, pharmaceuticals, insurance, and defense.
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