Dodd to break with Obama on financial reform
Senate banking committee Chairman Christopher J. Dodd will bring a bill to the floor as early as next week that breaks with the Obama administration on key aspects of financial reform. The Dodd proposal would create a single regulator for banking out of the current four. And the bill would not allow the Federal Reserve as much power over banks that could create systemic risk. Mr. Dodd will move the bill forward without bipartisan support.
Washington Post, The | 11/04
This story published in The Financial Services Roundtable SmartBrief on 11/04/2009
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