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The Week Ahead in Congress

May 3, 2010 - by Donny Shaw

It's amendment time this week for the Restoring American Financial Stability Act. Banking Committee Chairman and financial reform floor manager Sen. Chris Dodd [D, CT] has set as an end date of May 14 for the bill, meaning that the next two weeks will largely determine how effective Congress's efforts to address the regulatory lapses that lead to the crisis of 2008 and end "to big to fail" will be. Amendments to be voted on will include things like making the big banks smaller, opening the Federal Reserve up to a full audit, and restricting the authority of a new consumer financial protection bureau. We'll be covering it all closely on this blog. For now, let's take a look at what's going to be happening this week over on the other side of the Capitol.

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