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Regulatory reform due tomorrow; more is more

By   || June 16, 2009 at 17:56 GMT
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The Obama administration is prepared to layout its financial regulatory reform package tomorrow. many had hoped the cumbersome alpahpet soup of Wahington relgualtory bodies would be streamlined and consolidated. Instead, turf battles have preserved all the existing, competing regulatory bodies and added an additional layer, the Consumer Financial Protection Agency. Details tomorrow.

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