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Obama to push for tougher financial rules for Wall Street
(CNN) – President Obama is expected to call on Wall Street to join him in his efforts to reform the financial sector in a visit to Manhattan Thursday.
The address at Cooper Union For The Advancement Of Science & Art will take place just blocks from the heart of Wall Street.
Likely provisions of any reform legislation would include making banks and financial firms strengthen their capital cushions, as well as creating a new process for taking down giant failing companies and preventing future Wall Street bailouts.
Other topics for reform would include creating a new consumer financial protection regulator and keeping an eye on the kind of complex financial dealings that led to the crisis. Read more
Sound off: What do you think? Will Obama's new financial reform change anything?
Congressmen vs. SCOTUS on political contributions
Two lawmakers on Capitol Hill, a Democrat and a Republican, want to make sure you know when a company is giving cash to a political race. Sources say they're introducing a new bill today, but that could pit Congress against the Supreme Court.
Sound off: Should corporations be treated as people? We want to hear from you this morning. Add your comments to the LIVE blog below and we'll read some of them on the show.