×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: US | Financial | Overhaul

Senate Working On Wall Street Regs

Monday, 01 March 2010 08:43 PM

Senate negotiators are reviewing details of a deal on Wall Street regulations that would create a new entity to oversee consumer financial products ranging from credit cards to mortgages.

People familiar with the talks told The Associated Press on Monday night that the proposal would place a consumer agency within the Federal Reserve.

Those familiar with the talks say key members of the Senate Banking Committee are reviewing the plan but have not yet signed off on it.

If the details are worked out, the plan would represent a major step toward creating new regulations aimed at preventing a recurrence of the financial crisis of 2008.

© Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Newsfront
Senate negotiators are reviewing details of a deal on Wall Street regulations that would create a new entity to oversee consumer financial products ranging from credit cards to mortgages.People familiar with the talks told The Associated Press on Monday night that the...
US,Financial,Overhaul
106
2010-43-01
Monday, 01 March 2010 08:43 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved