House Passes Dodd-Frank Bill

Posted by Orb Staff on July 01, 2010 No Comments
Categories : Residential Mortgage

use of Representatives has passed the Dodd-Frank Wall Street Reform bill by a 237-192 vote. ‘This is a strong bill,’ Treasury Secretary Tim Geithner said in a [link=http://www.Treasury.gov]statement[/link] Wednesday. ‘It will provide essential protections for consumers and investors and help make sure the financial system meets the credit needs of Main Street America. With action by the Senate, we will be able to turn our attention to putting these protections in place.’ As [link=http://www.mortgageorb.com/e107_plugins/content/content_lt.php?content.6177]previously reported[/link], the Senate vote will likely be delayed by Monday's death of Sen. Robert Byrd, D-W.Va. SOURCES: Treasury, Library of Con

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