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Jun. 16/09. The Obama
administration is proposing the broadest changes in financial regulation
since the Great Depression, calling for the elimination of some bank
regulators and giving the Treasury Department and Federal Reserve vast new
authority.
"We are going to put forward a very
strong set of regulatory measures we think can prevent this kind of crisis
from happening again," said President Barack Obama.
http://www.worthynews.com/top/sacbee-com-inauguration-story-1952600-html/ |