[youtube=http://www.youtube.com/watch?v=3NokT5nwrTY]

From ThinkProgress:

Senate Minority Leader Mitch McConnell (R-KY) has been blasting the Senate’s financial regulatory reform bill in recent days, falsely arguing that it “institutionalizes” bailouts for Wall Street. As Think Progress reported, McConnell’s reason for opposing financial reform seems disingenuous in the face of reports that he attended a private fundraiser with hedge fund managers and other Wall Street elites last week.

Yesterday, reporters pressed McConnell for details about his meetings on Wall Street. McConnell repeatedly refused to discuss the matter and claimed that he based his opposition to financial reform not on fundraising from Wall Street but rather on concerns from community banks in Kentucky.