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House Clears Financial Reform Bill Along Party Lines, Senate Action Delayed

July 1, 2010 in Banking Report · Leave a Comment 

The House approved landmark legislation (H.R. 4173) June 30 that would overhaul U.S. financial services regulation with new controls on large and interconnected financial firms, tougher capital and operating standards for banks, and a new consumer protection bureau with broad powers to regulate financial products…

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