Summary: The Obama Administration recently released its proposal for financial regulatory reform, but before change comes to Wall Street, a reform plan has to get through Congress with its teeth intact. David Brancaccio sits with Zanny Minton Beddoes, economics editor for The Economist magazine, to review the proposal and its ramifications for America. Beddoes encourages streamlining the regulatory system, leaving fewer but more efficient overseers. But where powerful interests are at stake, nothing is a sure bet.
