New Wall Street rules will prevent future financial crises
Category Economy, Finance | Tuesday, July 13th, 2010Before introducing new budget director Jack Lew, President Obama today trumpeted a new set of Wall Street regulations that appear to be on their way to congressional approval.
The package of new rules for financial firms now has the support of at least three Senate Republicans — Scott Brown, Susan Collins, and Olympia Snowe — enough to end a filibuster that has held up passage.