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Geithner Pitches Overhaul of Financial Oversight

By Rob Quinn,  Newser Staff

Posted Mar 26, 2009 12:19 AM CDT

(Newser) – Tim Geithner today proposed a major expansion of federal regulatory powers, reports the Washington Post. In testimony before Congress, the Treasury chief called for hedge funds, derivatives markets, private equity firms, and major insurers like AIG to be brought under strict federal supervision for the...   Read full story »

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