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WATCH: HuffPost's Roy Sekoff On Massive Bank Bonuses: White House Continues To Coddle Wall St

03/18/2010 05:12 am ET | Updated May 25, 2011

HuffPost Editor Roy Sekoff appeared on MSNBC's The Ed Show tonight to discuss new financial reform legislation in Congress as well as the fate of the House health care reform bill as it enters the Senate.

Sekoff agreed with Schultz that the White House is still not being tough enough with Wall Street:

The bottom line is that we gave trillions of dollars, what amounts to trillions of dollars, to Wall Street and asked very little in return and the White House is still coddling them. It was just the other day when Tim Geithner said we weren't going to let them go back to business as usual. Well, as you point out, there's been a 60 percent increase in bonuses - it's not business as usual, it's better than ever for them.

Chris Dodd is, however, doing the right thing in "swinging for the fences" with his financial reform legislation, Sekoff said, because the Democrats gave too much away in the beginning of the health care debate and ended up with a weaker bill than they wanted.

WATCH: