Johnson piloting Senate Banking Committee through high waters

Sen. Tim Johnson has built a political career on being low-key, even mild-mannered. Now, as chairman of the U.S. Senate’s Banking, Housing and Urban Affairs Committee since the start of 2011, the Vermillion native’s roll-up-your-sleeves style is being put to the test. The three-term Democratic senator leads a committee that has an agenda including implementation of the 2010 financial reform law known as Dodd-Frank, reform of the Fannie Mae and Freddie Mac mortgage entities and continued oversight of the Troubled Asset Relief Program (TARP) — the bank bail-out bill passed at the end of the President George W. Bush administration.

By: Denise Ross, The Daily Republic