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Frank Says New Wall Street Rules Would Reduce Risk: Video

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Published on Mar 23, 2012

Dec. 11 (Bloomberg) -- U.S. Representative Barney Frank, a Massachusetts Democrat and chairman of the House Financial Services Committee, talks with Bloomberg's Lizzie O'Leary about the House vote on strengthening financial industry rules and the outlook for similar legislation to pass in the Senate. The House voted to tighten rules for derivatives and create powers to break apart large, healthy financial firms that threaten the economy in legislation passed today over objections from Wall Street and Republicans. (Source: Bloomberg)

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