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One Year Later: What Wall Street Reform Means for You

Daily newsbrief journal for July 2011, also see http://www.usdemocrats.com/brief for a global 100-page perpetual brief and follow twitter @usdemocrats


One Year Later: What Wall Street Reform Means for You

Postby admin » Fri Jul 22, 2011 9:49 am

One Year Later: What Wall Street Reform Means for You
Posted by Katelyn Sabochik on July 21, 2011 at 3:42 PM EDT

One year ago today, President Obama signed the Wall Street Reform bill into law.

This groundbreaking law does three important things. First, it brings to an end taxpayer funded bailouts -- so taxpayers will never again be left paying the bill if a big bank fails. Second, it stops the reckless risk-taking by Wall Street that put consumers in jeopardy and led to the economic crisis. And third, this law puts in place the strongest consumer protections in history.

http://www.whitehouse.gov/blog/2011/07/ ... -means-you
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