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Archive Home > 2010 > January > 20 > Obama getting tough on banks

Obama getting tough on banks

A push for new consumer protections shows willingness to take on industry lobbyists

By Jackie Calmes and Sewell Chan / The Bulletin
January 20, 2010

WASHINGTON — President Barack Obama on Tuesday stepped into the middle of a fierce lobbying battle by reinforcing his support for an independent agency to protect consumers against lending abuses that contributed to the financial crisis. The president’s move also signaled a....

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