Subject: Financial Reform
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With the Senate passing today, by a 60 to 39 margin, a major overhaul to the financial regulatory system (the Restoring American Financial Stability Act of 2010), we’re going to keep our eye on the key provision that contains $1…
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Is the public in favor of regulating Wall Street? A national survey conducted in March by the nonpartisan Pew Economic Policy Group found that 68 percent of the public have an unfavorable opinion of big banks. Two-thirds of the public…
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The shake-out of the American economy has left a handful of large banks at the pinnacle of the corporate power structure. Next week, a coalition of major community organizations, unions, and religious groups will launch a campaign to challenge the…