The amendment Shelby blocked would bar banks from making the types of trades that led to government bailouts and stop firms from betting against securities they sell. Sen. Jeff Merkley, D-Ore., a chief sponsor, said Republicans are "standing in the way of real reform."
Banks Chalk Up 2 Wins as Senate Reform Bill Evolves
Current Status: Blessed (1)
Seeded on Wed May 19, 2010 8:00 AM
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