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GEITHNER WILL TESTIFY TO SENATE
BLOOMBERG: The Obama administration's overhaul of financial-industry rules faces a lobbying assault on Capitol Hill, as lawmakers question the Federal Reserve's role and bankers say the plan may hinder economic growth . . . Treasury Secretary Timothy Geithner is scheduled to testify today to the Senate Banking Committee about the financial regulatory system . . . The financial, insurance and real estate industries contributed $39.7 million to Obama’s 2008 campaign . . . READ MORE
Thursday, June 18, 2009
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