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April 30, 2010 | federal legislation, industry | Comments (0)From The Hill:
The Senate, where House bills often flail, is considering amendments that could cost Wall Street tens of billions of dollars. Senators opened debate this week as public opinion polls continue to show strong support for new Wall Street regulations.
“The old rules have been totally reversed,” said Brian Gardner, research analyst at Keefe, Bruyette and Woods. “The world we’re all used to living with – which is the House overreaches and the Senate cools it down – is not true.”
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