In the aftermath of the financial crisis that hit the global economy in 2007, changes to the nation's financial system are being proposed and debated.  One key proposal came on June 17, 2009, when the Obama administration issued recommendations that would substantially alter how the U.S. financial system is regulated.  As that idea and others are raised, discussed and implemented, this web site will track key developments.

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Recent News

President Barack Obama signs the Dodd-Frank Wall Street Reform and Consumer Protection Act into law.

The U.S. Senate passes the Dodd-Frank Wall Street Reform and Consumer Protection Act in a 60 – 39 vote. The bill moves to the President for final signature.

The U.S. House of Representatives passes the regulatory reform bill in a 237-192 vote. The Senate is expected to vote on the bill in mid-July.

The House-Senate Wall Street Reform and Consumer Protection Act Conference conducts an emergency session to address concerns about Title XVI “Financial Crisis Assessment and Fund” that would have raised $19 billion by levying special assessments on certain financial companies with more than $50 billion in total assets. Title XVI was removed from the legislation during the emergency session.