Follow BeltwayBlips on TwitterObama vows strong new financial regulations
Published 12/7/2008 at Reuters: Politics
CHICAGO (Reuters) - U.S. President-elect Barack Obama said on Sunday he would put strong financial regulation at the center of his economic recovery program to force more accountability on the banking industry.
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WASHINGTON (Reuters) - President-elect Barack Obama said on Sunday that the struggling U.S. auto industry could not be allowed to collapse, but that any bailout would require a complete restructuring.
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