Financial Regulatory Reform Update
March 2, 2010 at 7:49 pm Scott Smalley Leave a comment
The Wall Street Journal reported today that a deal is near on financial regulatory reform in the U.S. Senate. In particular, the article notes that the Senate (lead by Senators Christopher Dodd and Bob Corker) has decided to scrap the idea of a new independent consumer protection agency and instead, establish a new consumer protection division under the Federal Reserve.
The article is available by clicking here.
Entry filed under: Financial Institutions. Tags: .
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