Free Republic

Today’s plunge in the U.S. financial markets is a cause of concern for a lot of people – but according to Rep. Paul Kanjorski, D-Pa., we haven’t seen anything yet if congressional Democrats don’t get their way. Kanjorski was asked if by CNBC’s “Power Lunch” co-host Tyler Mathisen if financial regulation relied too much on regulators themselves and not the power of law, which Congress has the authority to enact. Kanjorski said he would have preferred a tougher bill. However, call it political expediency, especially as financial regulation legislation has an uncertain fate, but Kanjorski warned if Congress didn’t pass...