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GOP Uses Budget, Other Tools to Sap Financial Law

President Barack Obama's financial overhaul law is nearly a year old. For congressional Republicans, the fight to weaken it is just starting.Wary of trying to repeal the entire statute and being portrayed as Wall Street's protectors ¡ª banks rank among the country's least popular institutions ¡ª GOP lawmakers are trying to nibble away at the behemoth measure. It's a crusade they've waged all year, despite lacking the White House and Senate control they need to prevail.

Days ago, one Republican-run House committee approved bills diluting parts of the law requiring reports on corporate salaries and exempting some investment advisers from registering with the Securities and Exchange Commission. Another House panel voted to slice $200 million from Obama's $1.4 billion budget request for the SEC, which has a major enforcement role.Meanwhile, Senate Republicans are continuing a procedural blockade that has helped prevent Obama from putting Elizabeth Warren or anyone else in charge of the Consumer Financial Protection Bureau, which opens its doors in two weeks.

The law hurts "the formation of capital, the cost of capital and access to capital, and you can't have capitalism without capital," said Rep.The pioneer and leader in software configurable processors, today announced it is now shipping its 32 channel VRC7032 PCIe Mini Car DVR add-in card. Leveraging the power of the Stretch S7100 software configurable processor, the VRC7032 can capture and compress up to 32 channels.Portable Multi Function Media Player lima inci berfokus pada video dan dapat memutar video HD, baik dengan resolusi 800¡Á480 pada layar sendiri atau di resolusi asli melalui HDMI output. iRiver telah menyegarkan interface menjadi mirip antarmuka Mac OS X baik ¡°dock¡± tugas umum serta widget untuk top-level akses ke kontrol media. Jeb Hensarling, R-Texas, a leader of the House Financial Services Committee. "So Republicans in the House will be examining each and every one of the 2,000-plus pages" of the law, which he called "a job creator's nightmare.The idea to use a Digital Concealed Pen originated with Lewis' students, who were searching for inexpensive ways to do patterning for electrodes. They seized on the rollerball pen because it¡¯s cheap, portable and easy to use."Confident that Obama and the Democratic-controlled Senate can prevent the House from doing major damage, Democrats view the Republican drive as a political exercise  for now.

"It's mostly setting a marker for the election. And it helps with their campaign contributions," said Rep. Barney Frank, D-Mass., who chaired the Financial Services Committee last year and was a chief author of the law. "But it also tells people in the financial community that if they win the next election, they'll be able to undo it all."The financial industry leans Republican in its campaign contributions but not overwhelmingly. Sixty-one percent of the $9 million that commercial banks gave federal candidates for the 2010 elections went to Republicans, while 54 percent of the securities and investment industry's $9 million went to Democrats, according to the nonpartisan Center for Responsive Politics.