Financial Industry Regulations, Business Interests

Oct 29, 2009

House Committee Financial Services

The House Financial Services Committee heard testimony on a bill to eliminate systemic risk and provide for prudential banking overhaul. The proposed legislation would give federal officials power to regulate, seize and dismantle large financial firms whose failure would pose a risk to the economy. Financial services industry and labor advocates .. Read More

The House Financial Services Committee heard testimony on a bill to eliminate systemic risk and provide for prudential banking overhaul. The proposed legislation would give federal officials power to regulate, seize and dismantle large financial firms whose failure would pose a risk to the economy. Financial services industry and labor advocates spoke about the proposals and some of the details of the legislation.

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