Stalemate Seen in U.S. Congress On Banking, Housing

Summary


WASHINGTON (Reuters) - Republicanson Tuesday [Nov. 2], but weren't expected to get out of the driveway when it comes to restraining Wall Street reforms and fixing housing finance.

A political standoff lies ahead for two years on key banking and housing issues as election returns showed Democrats losing control of the House, but retaining a narrow majority in the U.S. Senate, as widely expected.

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Extract


Stalemate Seen in U.S. Congress On Banking, Housing

President Barack Obama's veto and Democratic Senate power will likely block any attempts by Republicans to roll ...

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