House and Senate negotiators have reached agreement on a sweeping overhaul of financial regulations. The bill is designed to address many of the causes of the financial meltdown that occurred in 2008. It seeks to limit speculative trading by banks and other financial institutions, and close regulatory gaps by creating new agencies and tightening the rules that govern the financial markets. The bill is not expected to gain many Republican votes. John Ydstie
» E-Mail This » Add to Del.icio.us
Full story at http://www.npr.org/templates/story/story.php?storyId=128112726&ft=1&f=1006





No comments:
Post a Comment