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Released: April 21, 2010
End the cycle with financial reform
Source: SF Gate (San Francisco Chronicle) (Free Registration)
The financial crisis of 2008 and the lingering recession that followed made it clear to Congress - and the public - that something had gone drastically wrong with our banking system. It's a testament to the power of the banking lobby that it's taken until 2010 for Congress to fix it. Even now, success isn't assured. In December, the House passed financial regulatory reform without a single Republican vote. Last month, Democrats on the Senate Banking Committee passed a reform bill, too. But the 41 Senate Republicans have signed a letter promising to block the bill unless they get a chance to amend it.Read Full Article: End the cycle with financial reform
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