Friday, May 21, 2010

Senate Passes Financial Reform Bill

The Senate passed its version of a financial regulatory bill Thursday evening. Now the process of reconciling the House version with the Senate version begins, but it looks like we will soon see the most sweeping overhaul of our nation's financial regulatory systems since the 1930s.

Score Another For Obama as Senate Passes Wall Street Reform (At Forbes)
Senate Passes Broader Rules for Overseeing Wall Street (At The New York Times)
Senate Passes Finance Bill (At the Wall Street Journal)

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