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Tim Pawlenty on the election and financial regulation

Former Minnesota governor Tim Pawlenty talks about his new role as CEO of the Financial Services Roundtable, and his plans for the fiscal cliff and financial regulation.

Among the early contenders for president way back during the Republican primary was former Minnesota Governor Tim Pawlenty. He didn’t win the primary, as we all know, though he did later joined Mitt Romney’s campaign.

Pawlenty just started a new position with the Financial Services Roundtable, a lobbying firm that represents banks and other financial institutions. Pawlenty told us he will work to help “re-instate the credibility and vitality and integrity of these institutions.”

Pawlenty addressed criticism that lobbyists have prevented the implementation of Dodd-Frank, legislation that would help regulate the financial industry: “To say that the delay in actually… getting the rules finalized and published is because of lobbying, I don’t think that’s fully accurate or a fully fair statement.”

The governor started his new position with the Financial Services Roundtable on Nov. 1st. He says he doesn’t have plans to re-enter politics any time soon.

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