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House Bill to Go After Any Large Financial Firm

Barney Frank

Rep. Barney Frank says he expects a House bill will allow regulators to dismantle even healthy firms if they've grown so big that they threaten the broader economy. Full Article at CNBC

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  1. WASHINGTON - In a sharp rebuke of Wall Street after a string of hefty bailouts last year, House Democrats are considering legislation that would let the government break up even healthy firms if regulators think they’ve grown too big. Full Article at Boston Globe

  2. WASHINGTON (Reuters) - The chairman of the Senate Banking Committee is poised to release a draft bill on financial regulatory reform that meets many of President Barack Obama's core goals, but it is unclear if it will gain any Republican support, an... Full Article at Reuters

  3. In a sharp rebuke to Wall Street after a string of hefty bailouts last year, House Democrats are looking to prohibit the US Federal Reserve from directly lending to failing institutions and to empower regulators to break up even healthy firms if... Full Article at Ynetnews

  4. Rep. Barney Frank says he expects a House bill will allow regulators to dismantle even healthy firms if they've grown so big that they threaten the broader economy. Full Article at The Seattle Times

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  1. Bank of New York's Mellon Corp. Robert Kelly joins other TARP recipient financial institution leaders as they testify before House Financial Services Committee on Capitol Hill in Washington in this February 11, 2009 file photo.
  2. WASHINGTON - OCTOBER 30:  Former Associate General Counsel of the Board of Governors of the Federal Reserve System Oliver Ireland testifies before the House Financial Services Committee about overdraft fees levied by banks on Captiol Hill October 30, 2009 in Washington, DC.
  3. WASHINGTON - OCTOBER 29:  U.S. Secretary of the Treasury Timothy F. Geithner speaks during a hearing of the House Financial Services Committee on Capitol Hill October 29, 2009 in Washington, DC.
  4. WASHINGTON - OCTOBER 08:  Mark Caverly of the Credit Union National Association and the Electronic Payments Coalition, testifies during a hearing before the House Financial Services Committee on Capitol Hill October 8, 2009 in Washington, DC.
  5. The sun sets behind the dome on Capitol Hill in Washington December 11, 2009. The U.S. House of Representatives approved the biggest changes in financial regulation since the Great Depression on Friday, marking a win for the Obama administration and congressional Democrats.
  6. WASHINGTON - DECEMBER 09:  Senate Minority Leader Mitch McConnell (R-KY) (C), flanked by Sen. Lamar Alexander (R-TN) (L), Bruce Josten (2nd R) executive vice president for Government Affairs at the U.S. Chamber of Commerce and Sen. Charles Grassley ( R-IA) (R), paerticipate in a news conference o...
  7. WASHINGTON - DECEMBER 6:  Senate Majority Leader Harry Reid (D-NV) pauses while speaking after a meeting with President Barack Obama and other Senate Democrats on Capitol Hill December 6, 2009 in Washington, DC.
  8. WASHINGTON - NOVEMBER 21: Senate Minority Leader Mitch McConnell (R-KY), with a copy of the Senate's health care reform legislation in front of him, holds a news conference regarding the bill on Capitol Hill on November 21, 2009 in Washington, DC.

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