Back to Financial News
Reply
Saturday, July 3, 2010 - 6:30 AM

Financial Reform Bill Stalls

From AP news via Seattle Times:
The House on Wednesday overwhelmingly approved far-reaching new financial regulations, but Senate leaders postponed a similar vote on the bill, preventing the landmark legislation from reaching President Obama's desk until at least mid-July.

I wish they could have connected the provision to make the $250K FDIC coverage permanent to a less controversial bill that could have been quickly passed.
1
KenBDGKenBDG4,048 posts since
Nov 29, 2009
Rep Points: 106,905
Reply