PolicyCast: Reforming Wall Street to Protect Consumers & Small Businesses

U.S. Senator Jeff Bingaman highlights some of the key provisions contained in the major Wall Street reform legislation passed out of the Senate this week. Bingaman details some of the ways the federal government would be able to regulate big banks and financial institutions to protect consumers and small businesses, discusses the Consumer Financial Protection Bureau the bill creates, how the measure will help small businesses, and the provisions contained within the bill that will bar future bailouts of Wall Street firms. The measure passed the Senate with a 59-39 vote and now must be reconciled with an earlier version passed by the House of Representatives.

Category:

News & Politics

Tags:

• Bingaman
• Senate
• New Mexico
• Democrat
• Wall Street
• Reform
• Regulation
• Financial
• Bailout
• Economy