July 21, 2010: The president signed the most sweeping overhaul of financial regulations since the Great Depression into law almost two years after the infamous near-financial meltdown in 2008 in the United States that rippled around the world. It is officially known as the Restoring American Financial Stability Act of 2010. Purpose and content The [...]
Entries Tagged as ' credit card crisis'
Republicans against Financial Overhaul
July 21st, 2010 · No Comments yet - add yours · Economy, Politics, Population, bailout, congress, credit card crisis, economics, election, senator, stimulus
Tags: against·banks·consumer·Democrat·Economy·federal reserve·financial meltdown·financial system·hidden fees·House·Obama·overhaul·Paul Volcker·protection·recovery·regulations·Republican·Restoring American Financial Stability Act·Senate