Financial Regulation Bills reconciled headed for Final Vote
Andover, Massachusetts June 25th 2010— When President Obama supported new rules for the financial sector after the 2008 meltdown a wide variety of changes were proposed. Over the past 2 years both the senate and the house of representatives have created and passed bills that are aimed at fixing and regulating the issues that led to the Financial Meltdown in 2008. Early this morning the two different versions were reconciled and a new bill was created with parts from both versions. All that now remains for this bill to become law is a final vote in both houses as well as the Presidents signature. If everything goes according to plan, America could see the most sweeping reform of the financial industry since the 1930’s by the end of July. I will keep you posted on the progress over the coming month, stay tuned!
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Stephan Tavernini
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