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Archive Home > 2010 > March > 04 > Obama proposes new rules to rein in big banks

Obama proposes new rules to rein in big banks

By Sewell Chan / The Bulletin
March 4, 2010

WASHINGTON — The Obama administration put forward legislation on Wednesday to rein in the size and scope of the nation’s largest banks. But the proposal faces strong resistance in Congress, where lawmakers have shown little appetite for adding to the prolonged debate on overhauling financial....

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