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Dodd unveils plan for major financial overhaul
Senate Banking Committee Chairman Christopher Dodd introduces a Democratic bill to curb markets by giving the government power to break up systemically risky firms and to fund oversight. The proposal trims Obama administration goals, but promises the broadest regulatory change since the New Deal with a leaner Fed and a new consumer protection bureau.
MENTIONED IN THIS ARTICLE
Washington, D.C
Senate
Senate Banking Committee
Christopher Dodd
Barack Obama
House
Wall Street
Federal Reserve
Consumer Protection Bureau
Sen
D-Conn