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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
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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 Manitowoc Herald Times Reporter
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Senator Richard Shelby opposes the Obama administration's proposed Consumer Financial Protection Agency, which would strip existing regulators, such as the Federal Reserve, of consumer protection duties and centralize them. Full Article at International Business Times
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By Damian Paletta WASHINGTON -- Senate efforts to craft a bipartisan deal on overhauling financial-market rules have stalled amid disputes over a proposed consumer-protection agency, raising another hurdle in the White House's effort to revamp banking... Full Article at Wall Street Journal
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Oct 28 (Reuters) - The U.S. House of Representatives Financial Services Committee on Wednesday approved legislation to toughen regulation of credit rating agencies. Full Article at Reuters
Related Quotes
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There’s still a very good chance we’ll be done with it this year
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I can’t imagine us finishing up a bill and completely disregarding the American consumer of financial services
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That would be something we could discuss very positively
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It will not add one dime to the deficit. In fact, the CBO said last week that it will reduce the deficit both in the first 10 years and in the second 10 years
