US bank regulation bill due to be unveiled

BBC News

A new bill to tighten regulation of US banks is due to be unveiled on Monday, but it is unclear if it will succeed in gaining Senate support.

The legislation is being presented by Democratic Senator Christopher Dodd, chairman of the Senate Banking Committee.

He is moving ahead with the bill despite Republicans on the committee withdrawing their backing last week.

Read More: http://news.bbc.co.uk/2/hi/business/8566681.stm

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