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"A financial reform bill reveals the troubled machinery of American
democracy in this intricate, incisive study of law-making. Washington
Post correspondent Kaiser (So Damn Much Money) chronicles the journey of
the Dodd-Frank act, a complex package of banking and market regulations
passed in 2011 that few voters paid attention to. The story's
charismatic protagonist is Democratic House Financial Services Committee
chairman Barney Frank but his low-key, diplomatic cosponsor, Senate
Banking Committee chairman Christopher Dodd, pulls off the greater
political coup by avoiding a threatened filibuster. While the bill was
moving through Congress, Kaiser had access to lawmakers of both parties
and their staffs, executive-branch officials, and lobbyists; he finds
the drama in arcane parliamentary procedure and paints extraordinary
fly-on-the-wall scenes of legislative sausage making. ("Okay, Cam, it's
just you and me, what's it going to take?" Frank horse-trades, seeking
support from bankers in a down-and-dirty meeting with their lobbyist.)
Kaiser salutes a landmark bill while laying bare the process
dysfunctions that menaced it: partisan intransigence; monkey-wrenching
by pols seeking turf and publicity; cynical budgetary shenanigans;
general ignorance of finance on the part of legislators; the influence
of money and clout especially auto dealers' clout. His absorbing
true-life political saga exposes the good, the bad, and the ugly in
Congress." (Publishers Weekly)
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