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Wall Street regulation is the hot topic today; President Barack Obama gave a speech to the finance industry encouraging them to join him in reforming Wall Street. Gerald Celente says that there is a huge problem with Obamas Financial Reform bill because the same people that got us into this economic mess are the ones advising Obama.
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A Senate panel voted Wednesday to ban banks from the lucrative derivatives market. Rick Newman, Chief Business Correspondent for US News & World Report, talks to Up To The Minute about the latest on financial reform.
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Although many are calling the financial reform bill a win for the White House, Webster Tarpley says that the bill leaves too much power in the hands of the Fed and doesn't make any real changes.
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Kelli Grant, Senior Consumer Reporter for SmartMoney.com, discusses what consumers can expect from financial reform legislation with UTTM anchor Emily Smith.
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A Senate panel voted Wednesday to ban banks from the lucrative derivatives market. Rick Newman, Chief Business Correspondent for US News & World Report, talks to Up To The Minute about the latest on financial reform.
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President Obama, along with Vice President Biden, welcomes House and Senate leaders from both parties to the White House to discuss financial regulatory reform. April 14, 2010.
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Kelli Grant, Senior Consumer Reporter for SmartMoney.com, discusses what consumers can expect from financial reform legislation with UTTM anchor Emily Smith.
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President Obama spoke to reporters this afternoon, praising the Senate's passage of a financial reform bill and offering brief comments on BP's test of a cap over its broken wellhead, which has temporarily stopped the flow of oil.
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Following the financial crisis and the demise of US jobs, it would seem that all Americans would favor financial regulation. Not quite, the financial reform bill is pitting Republicans versus Democrats and both versus lobbyists. A bill that is supported by Democrats, gives the government the right to prevent Wall Street from taking risks.
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President Obama argues there's no legitimate reason to oppose new regulations to the financial industry and criticized bankers for sending a battalion of lobbyists to Congress. Chip Reid Reports.
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Many businesses say they're worried that new rules meant to rein in Wall St. will end up swamping them. As Nancy Cordes reports, not every industry is upset about the potential changes.
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Senator Feingold explains his opposition to the financial regulatory reform bill, saying it will not prevent another crisis, does not break up 'too big to fail' banks, and does not restore the proven safeguards established after the Great Depression separating Main Street banks from big Wall Street firms. Read more: feingold.senate.gov
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Campaign for Liberty's Kevin Brett reports on the latest regarding financial reform legislation in Congress and details the clash of philosophies over monetary policy that has existed in this nation since its founding.
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With a procedural vote of the financial reform package on the horizon, Ben Stein reflects on the rule that the "frat boy" investors have over Wall Street.
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Republicans abandoned their blockade against legislation to clamp tough new controls on Wall Street Wednesday, clearing a road to likely passage for the most sweeping rewrite of financial rules since the Great Depression. (April 29)
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