RSSHouse approves major financial regulation bill
From: The Washington Times | December 11, 2009
The House on Friday passed the most sweeping regulatory overhaul of the nation's financial sector since the New Deal, a measure that calls for greater consumer protections and tighter government control of the industry. The measure still faces hurdles in the Senate, which is expected to take it up in early 2010. But House Democratic leaders where able to fend off fierce opposition from Republicans and major financial interest groups, as well as a threatened mutiny within their ranks, to advance one of President Obama's top domestic priorities. The bill passed by a vote of 223-202 with no Republicans in ...
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