A Congresswoman of Proven Leverage
Rep. Jackie Speier, D-Calif., was a thorn in the banking industry's side long before her
Since coming to Washington, Speier has remained an outspoken bank critic. In 2009, she warned that the industry was fighting to gut a proposed consumer protection agency. But she has also been tough on the Obama administration for its foreclosure prevention plan.
The conventional wisdom is that her leverage provision will have a tough time making it into the final regulatory reform bill. But banks have counted out Speier before — and lived to regret it.