Obama said Wednesday his administration will soon propose new financial industry oversight that includes a "resolution authority" that would have powers similar to those of the Federal Deposit Insurance Corp., which can seize control of banks, take over their bad assets and sell the good ones to competitors. Administration officials did not provide any details on how the new resolution authority would be financed. That could be a key sticking point in Congress. One official at a banking industry trade group in Washington said the Obama proposal raises concerns about the possible "nationalization" of banks.