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Fed recovers, gets new look as financial regulator


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#1 Kent Brockman

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Posted 11 March 2010 - 01:06 AM

WASHINGTON (AP) -- The Federal Reserve, still dusting itself off from a fight that threatened to trim its powers, could emerge from a congressional overhaul of banking rules as the top cop over the nation's largest financial institutions....

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I've said it before, and I'll say it again: democracy just doesn't work.