Financial reform picks up speed – Eamon Javers –

President Barack Obama travels to New York’s Cooper Union on Thursday to push his vision for Wall Street regulatory reform as part of a stepped-up drive to push the reforms through Congress.

The Senate could consider the legislation as early as this week, but a White House official said the president’s trip has been in the works for weeks. Still, fraud charges brought by the Securities and Exchange Commission against Goldman Sachs on Friday put the push in a different context, providing Obama new ammunition to back up his call for stiffer financial regulations.

via Financial reform picks up speed – Eamon Javers –


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