BizSugar.com › Finance › Obama moving cautiously on financial regulation

His economic team appears to have focused on issues directly related to the crisis rather than on a more ambitious overhaul, says Rep. Melissa Bean (D-Ill.) of the House Financial Services Committee.

Obama administration officials appear to have had two key concerns in writing the most significant financial rules since the Great Depression -- moving quickly, before the momentum for reform evaporates, and avoiding withering turf battles with regulators and lawmakers that could derail the effort.