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The House Financial Services Committee has voted to repeal a provision in last year's Dodd-Frank financial reform law requiring public corporations to report the ratio between CEO and median worker pay. (more)

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On Thursday, the House Financial Services Committee voted in favor of a bill aimed at creating the U.S. Consumer Financial Protection Agency, a watchdog organization designed in response to President Barack Obama's call for greater oversight and regulation of banks and other financial companies in light of the past year's economic implosion.

Robert Scheer

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Who are these people? I am not referring to the pathetic parents of “Balloon Boy,” whose fake drama I have been unable to escape while on the treadmill this week, thanks to my gym’s insistence on tuning its flat-screen TVs to Wolf Blitzer’s nonstop self-parody. Now if we could get one of the banking lobbyists to float a duct-taped flying saucer balloon, Wolf Blitzer might cover the real hoax.

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