Monday, July 19, 2010

Historic Reform Bill Passes

Congress managed to pass a sweeping overhaul of Financial Regulations Thursday, thereby securing for a 3rd major (hard-fought legislative victory for President Obama, amid his lowest approval rating since taking office.

The president is expected to sign the bill sometime next week. Obama is quoted as saying "I'm about to sign Wall Street reform into law, to protect consumers and lay the foundation for a stronger and safer financial system, one that is innovative, creative, competitive and far less prone to panic and collapse"

K. Reilly
Cohn-Reilly Report / News Flash Check out the new Music and Art Forum on BlogSpot! "Its a refreshing departure from economics. it's like life's little desert snack."doARTorDIE

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