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U.s. Financial System ... Topics

Obama embraces House financial overhaul bill

President Barack Obama on Tuesday embraced a House bill that would give the government unprecedented power to seize bank holding companies and other large financial firms teetering on the brink of collapse and stick their competitors with the cost....

 

Treasury's Geithner takes heat at hearing on Obama financial reform plan

Some senators criticize a plan that would give the Federal Reserve more power to police large companies.

 

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