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House OK’s financial overhaul bill

Passes with no GOP support; aims to protect borrowers

By Michael Kranish
Globe Staff / December 12, 2009

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A sharply divided House yesterday passed the most dramatic overhaul of US financial regulations since the Great Depression, voting to establish a new borrower protection agency and give the government sweeping new powers to crack down on the types of Wall Street practices that caused last year’s economic meltdown. (Full article: 987 words)

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