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HOUSE PASSES TOUGH FINANCIAL REFORM BILL

The U.S. House of Representatives today took a big step toward reforming the risky and reckless practices on Wall Street that created the global financial crisis. By a 223-202 margin, lawmakers passed the Wall Street Reform and Consumer Protection Act of 2009 (H.R. 4173), a package of reforms that would help protect Americans from a laundry list of practices from predatory lending to unregulated derivatives.
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