Dodd to offer his own financial regulation bill
By The Associated Press
This article was published March 11, 2010 at 10:09 a.m.
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WASHINGTON Senate Banking Committee Chairman Christopher Dodd plans to offer his own version of a financial regulation bill as bipartisan talks have failed to yield agreement on consumer protections and other sticking points.
In a statement Thursday morning, Dodd said that his talks with Republican Sen. Bob Corker of Tennessee produced areas of common ground but a “few outstanding issues remain.”
The development raises new questions about one of President Barack Obama’s top priorities. Congress and the administration have been trying to assemble legislation overhauling financial system regulation in hopes of preventing a recurrence of the economic crisis that hit the nation in the fall of 2008.
Dodd said that some of the issues that he and Corker did agree on will be incorporated into his proposed legislation.







Comments on: Dodd to offer his own financial regulation bill
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Foghorn says... March 11, 2010 at 11:06 a.m.
That guy should have been ousted back when he lied about the banker bonuses. Slime.
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JIMBOB47 says... March 11, 2010 at 11:23 a.m.
This is one fox that should be thrown out of the henhouse!
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