BUSINESS
03/18/2010 05:12 am ET | Updated May 25, 2011

Dodd's Finacial Reform Bill Strips The Federal Reserve Of Too Much Power, Say Critics

WASHINGTON -- Senate Banking Committee Chairman Christopher Dodd's sweeping new financial overhaul legislation, which proposes to strip the Federal Reserve of its authority to regulate banks, threatens the central bank's time-honored independence and its premier international standing, experts warn.

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