Still time to improve regulatory-reform bill

05/26/2010 | NYTimes.com

The White House and Congress "are being a little too confident" that regulatory-reform legislation will prevent a future crisis and help taxpayers avoid paying for costly rescue plans, David Leonhardt writes in The New York Times. Leonhardt outlines ways the bill could be made stronger, including changes to portions dealing with derivatives, consumer protection, the Federal Reserve and rescue plans. Those improvements could still be added as the House and Senate try to merge their bills.

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