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Veto. >> already the house republican leader called for repeal of this reform. i would suggest that america can't afford to go backwards. i think that's how most americans feel as well. >> the bill's vast provisions fns of wall street and new federal power to break up failing companies. the bill also creates a new consumer protection agency. is it enough? let's bring in dean baker. thanks for your time tonight. let's start with the positive. assess the strongest points in this bill. >> certainly the most important thing for most people will be the consumer protection agency. in principle, this...

>> i don't know that i trust him or don't trust him an arbiter of what's good and bad. do i think that i believe what he says when he said if he had resolution authority, as this bill provides, it would have been a very different situation in 2008 in a systemic risk council. he said particularly if he had that in place as early as when he became treasury secretary, appointed by president bush in 2006, that systemic risk council would have been able to sniff out a lot of these problems. at the same time, he thinks would have been a very different rollout of all these problems, we wouldn't have ...

With more time on you. you've been shorthanded here. >> appreciate that. >> let me ask you this, if fannie mae, and i agree we have to look at the problem of people -- the whole thing. are you saying that the wall street end of this thing didn't need reform? >> no, not at all. in fact, i think -- but i shy sherrod brown is just plain wrong. i think wall street is probably reasonably happen we this bill because it doesn't go to the essence of some of the questions which were raised by people who were concerned about that. one part of this bill that i could agree with, that i think was done and ...

Good and bad. do you trust him as an arbor of what's good and bad, hank paulson, senator brown? >> i don't know if i trust him on an arbor of what's good and bad. i believe what he said if he had had resolution authority as this bill provides, it would have been a very different situation in 2008 in a systemic risk console, when he become treasury secretary, quoted by president bush in 2006, that systemic risk console would have been able to sniff out a lot of the problems. at the same time -- so he thinks that would have been a very different roll out of all these problems. we wouldn't have l...

Paulson? senator brown? >> i don't know that i trust him or don't trust him an arbiter of what's good and bad. do i think that i believe what he says when he said if he had resolution authority, as this bill provides, it would have been a very different situation in 2008 in a systemic risk conso console. he said particularly if he had that in place as early as when he became treasury secretary, appointed by president bush in 2006, that systemic risk council would have been able to sniff out a lot of these problems. at the same time, he thinks would have been a very different rollout of all the...