U.S. News: Landmark Financial Regulation
Updated August 5, 2020 |
Infoplease Staff
Major U.S. news stories, from health-care reform to "Don't Ask, Don't Tell"
Arizona Immigration Law Pushes the Limit | Health Care Reform: Years in the Making, Still Doesn't Satisfy | Midterm Elections | A New Era for U.S., Russia, and Nuclear Arms | The Official End to the War in Iraq | Passing the Buck on "Don't Ask, Don't Tell" | Same-Sex Marriage Ban Temporarily Overturned in California | The Supreme Court: Personnel Changes & Major Decisions | Tea Party Victories Landmark Financial RegulationWith President Obama's strong support and the general agreement of the Democratic Party, Congress approved a landmark financial regulation bill in July of 2010. The new law increased the number of companies that will be regulated by government oversight and created a panel to watch for risks in the financial system as well as a consumer protection agency. Some Democrats and other critics argued that the bill is not tough enough; Republicans claimed it gives the government too much control over the business sector. For more information on business, finances, and the economy: |
- More from 2010 Year in Review
.com/news/year-in-review/2010/financial-regulation.html
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