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No kidding

April 18, 2010 | federal legislation, industry | Comments (0)

CNN says Congress is “divided” on financial reform:

Congress appeared headed for a major partisan showdown over financial regulation reform, with Senate Republicans reiterating their opposition Sunday to a bill that Democrats say will prevent another Wall Street meltdown like the one that precipitated the U.S. recession.

While some officials hinted that behind-the-scenes talks could yield a deal, the rhetoric signaled deep divisions between Republicans and Democrats intended to score political points as the campaign season approaches for mid-term congressional elections in November.

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