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News FDIC chief says parts of regulatory plan won't fly

FDIC chief says parts of regulatory plan won't fly FDIC chief says parts of regulatory plan won't fly

Submitted by Cap Hill Junkie | 4 months ago

Yahoo - FDIC Chair Sheila Bair said Congress won't approve two major parts of the package: Expanding the Federal Reserve's authority to regulate the largest financial companies and giving a proposed new consumer protection agency examination and enforcement powers over banks.

Tags: FDIC, Obama, financial overhaul, reform, against

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