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The U.S. Senator wanted the House to pull an omnibus spending bill provision that would stop Dodd-Frank from pulling federal government bailout support for banks dealing in swaps.
U.S. Sen. Elizabeth Warren launched an attack on a provision in the omnibus, $1.1 trillion spending bill of Congress that would prevent Section 716 of the Dodd-Frank Act from ending federal government bailouts for financial services firms engaged in risky swap derivatives. Despite Warren’s call for the House of Representatives to pull the repeal, the...
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