Tag Archive for 'federal-deposit-insurance-corp'

Pres. Obama to Announce New Financial Regulations

The creation of a financial watchdog agency is among the new proposals Pres. Obama is expected to announce today. Its purpose will be to enforce consumers' interests from financial misconduct. The plan will also give the government authority to take control of companies that pose a risk to the entire industry. ---- By DAMIAN PALETTA WASHINGTON -- President Barack Obama is expected Wednesday to propose the most sweeping reorganization of financial-market supervision since… Keep reading






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