CBS's Smith to McCain: 'How Are You Going to Dismantle' Financial Institutions?
Published: 4/27/2010 4:57 PM ET
Hitting from the left in an interview with Republican Senator John McCain on Tuesday's CBS Early Show, co-host Harry Smith worried about the ability of financial reform legislation to expand government control over Wall Street: "How are you going to dis - how does any of this dismantle these giant financial institutions?"
On April 22, ABC Good Morning America co-host George Stephanopoulos asked Treasury Secretary Tim Geithner a similar question: "Why shouldn't those big banks be broken up?"
At the top of Tuesday's Early Show, co-host Maggie Rodriguez put the GOP on the defensive: "Democrats continue to push for Wall Street reform. But are Republicans on board?" Smith later introduced the segment by portraying Democrats as fighting for reform: "Democrats refuse to give up on reforming Wall Street. Yesterday Republicans put the brakes on, but another vote could happen today."
In a report that followed, correspondent Nancy Cordes declared: "Senate Republicans voted last night against moving forward with debate on the massive financial reform bill. That drew angry recriminations from Democrats." A clip was played of Democratic Virginia Senator Mark Warner slamming Republican opposition: "I never got the memo that said our job wasn't actually to get stuff done."