President Obama signs into law financial industry oversight bill.
President Obama signed into law a bill that will reshape oversight of the U.S. financial industry. The legislation includes the creation of a new consumer protection agency, sets new limits on banks using capital for trading and investing in hedge funds, and gives the government power to close down troubled financial firms.

“These reforms represent the strongest consumer financial protections in history,” the president said. “And these protections will be enforced by a new consumer watchdog with just one job: looking out for people — not big banks, not lenders, not investment houses in the financial system.”

Sponsored by Internet Pharmacy - Indian Pharmacy, an online pharmacy supplies more than 600 quality generic medications, free prescription, worldwide shipping.

Canadian Pharmacy canada pharmacy

Related posts:

  1. President Obama signs tax-cut bill President Obama signs tax-cut bill President Obama has signed an $858 billion tax cut package, the most significant tax bill in nearly a decade. The legislation blocks a Jan. 1...
  2. President Obama to ask CEOs to abandon ‘furious efforts’ to block financial overhaul President Obama to ask CEOs to abandon ‘furious efforts’ to block financial overhaul. President Obama will travel to New York on Thursday to call on financial executives to abandon their...
  3. Obama signs health-care bill Obama signs health-care bill. U.S. President Barack Obama has signed a landmark health-care reform bill at a White House ceremony. The bill, which passed in the House of Representatives late...