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House OKs Wall Street reform bill
cnn ^ | 6/30/10 | Jennifer Liberto,

Posted on 06/30/2010 5:45:53 PM PDT by Nachum

WASHINGTON (CNNMoney.com) -- The House voted 237-192 Wednesday to pass a sweeping package of reforms to the financial regulatory system, moving the bill a step closer to the finish line.

But the Senate isn't likely to take up the measure until the week of July 12. And it's not clear whether Democrats have secured the votes they need.

After more than 18 months of negotiation and debate, the bill aims to strengthen consumer protection, shine a light on complex financial products and establish a new process for shutting down giant financial firms in trouble.

(Excerpt) Read more at money.cnn.com ...


TOPICS: Business/Economy; Crime/Corruption; Government; News/Current Events
KEYWORDS: house; reform; street; wall

1 posted on 06/30/2010 5:45:59 PM PDT by Nachum
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To: Nachum

With this Congress, the devil will be in the details. How many pages is it? 2323 pages? Yep, that’s the ticket!


2 posted on 06/30/2010 5:52:45 PM PDT by jonrick46 (We're being water boarded with the sewage of Fabian Socialism.)
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To: jonrick46

“How many pages is it? 2323 pages? Yep.”

And not a single word about Fannie/Freddie reform. Disgraceful.


3 posted on 06/30/2010 5:55:13 PM PDT by Qbert
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To: jonrick46

Anyone know where I can see how my RINO voted on this?


4 posted on 06/30/2010 5:55:48 PM PDT by outofstyle (Anti-socialist)
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