Barack Obama, Regulating Financial Institutions | featured news

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....

 

Obama scolds Wall Street over reforms, lending

Obama scolds Wall Street over reforms, lending

President Barack Obama chastised Wall Street firms on Tuesday for resisting tighter regulations of their industry and said they had not done enough to boost lending to small businesses.

 

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