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Financial Bill Is Set to Pass After Clearing Senate Hurdle

By David M. Herszenhorn
Published: July 15 2010 NYT

A broad overhaul of the nation’s financial regulatory system, intended to address the causes of the 2008 economic crisis and rewrite the rules for a more complex — and mistrustful — era on Wall Street, cleared one last procedural hurdle in the Senate on Thursday as it headed for final Congressional approval later in the day.

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