Part that concerns me is:
“But while Frank and Conyers are “powerful potential allies, it is far from clear that the lawmakers would have enough support to pass any meaningful legislation” because it is not clear “whether the votes would be there for a regulatory bill”.
I wonder what kind of “Regulations” do they want to impose. I can see them passing the Repeal on the UIGEA, but keeping in clauses that make Affiliates in jepoardy of Aiding and Abetting. Just cause they regulate it somehow, does not mean they will allow affiliates to continue to operate.