Date: June 30, 2010
Subject: Financial Regulatory Overhaul
Description: The House passed a massive reorganization of the regulations governing financial institutions in the United States, creating dozens of new agencies, new reporting requirements, and making permanent the "too big to fail" doctrine that originated in the Troubled Asset Relief Program (TARP). Although billed as protecting credit consumers, this legislation actually protects large banks and other financial institutions at the expense of community banks and less traditional sources of credit and did nothing to reform Fannie Mae and Freddie Mac.
Result: Agreed to, 237-192
Names ordered: By yea/nay Order alphabetically Order by party Order by state
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