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Democratic strife

May 17, 2010 | federal legislation, industry | Comments (0)

From today’s The Hill:

Democratic senators will battle among themselves this week over whether to strengthen a Wall Street reform bill that has already met stiff resistance from Republicans and industry lobbyists.

Liberal Democrats will make a last-ditch effort to push the bill leftward by strengthening regulation of derivatives and banks that speculate with their own money instead of on behalf of clients.

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