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Roadblocks to financial reform regulations
Following the economic collapse of the "too big to fail" banks, the Democratically controlled Congress passed the "Dodd-Frank Act" to reform financial regulations. However conservative lawmakers, like Republican Scott O'Malia, are doing what they can to put procedural roadblocks in front of implementing Dodd-Frank regulations. Bart Chilton, a Democratic member of the Commodity Futures Trading Commission, joins UP w/ Chris Hayes to explain the uphill battle his agency is facing as conservative lawmakers and financial lobbyists try to stall regulation.