One more time around on financial reform

Now that the midterm elections are over, the shakeup in Congressional committees are about to begin. Republicans have made it clear that when they take control of the House this January, they’ll be targeting several key pieces of President Obama’s agenda to roll back. A number of Republicans ran on repealing the president’s health care reform legislation, but far fewer of them have talked about their desire to repeal the sweeping financial regulation bill passed earlier this year. Louise Story, business and finance reporter for The New York Times, explains what this means for President Obama and consumers.