News Video
Find, view and share videos about news and entertainment from around the Web.
See Videos »

Obama Seeks to Overhaul Financial Rules

By JIM KUHNHENN
,
AP
posted: 241 DAYS 2 HOURS AGO
comments: 0
filed under:
Text SizeAAA
WASHINGTON (June 14) - President Barack Obama is ready to roll out an overhaul of the intricate rules and systems that govern America's troubled financial institutions, proposing the most ambitious revision since the Great Depression.
Copyright 2009 The Associated Press. The information contained in the AP news report may not be published, broadcast, rewritten or otherwise distributed without the prior written authority of The Associated Press. Active hyperlinks have been inserted by AOL.
2009-06-14 07:24:18

Related Articles

  1. See More Related Articles and Blog Posts
Coming Soon:
New Commenting Experience

Valued AOL News readers, we have heard your feedback and are temporarily shutting off our commenting system as we work to improve the experience for you.

In the hopes of preventing another economic meltdown, President Barack Obama will seek to significantly change the way U.S. financial institutions are regulated. The overhaul, to be announced Wednesday, aims to set tighter rules for investment products that have grown too complex for the current oversight system.