Rep. Spencer Bachus launches campaign to derail Volcker Rule
Rep. Spencer Bachus, the Wall Street crony who leads the House committee in charge of banking policy, has launched a campaign to derail the Volcker Rule, one of the Dodd-Frank Wall Street reform law's most significant protections designed to keep Wall Street's recklessness from damaging the broader economy.
In an emotional interview with POLITICO tonight, MSNBC host Chris Matthews defended his spirited attack against RNC Chairman Reince Priebus, in which he alleged that the Republican party was guilty of playing the race card against President Barack Obama.