| 1/21/2010 Pres. Obama Proposes New Regulations for Financial Institutions
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President Barack Obama President Obama calls for new restrictions on the size and scope of financial institutions to rein in excessive risk-taking and protect taxpayers. The proposed legislation is called the “Volcker Rule” in recognition of the efforts of former Federal Reserve Chairman and current President’s Economic Recovery Advisory Board Chairman Paul Volcker. ©2010 The White House | SCVTV
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