Financial industry reform - WKOW 27: Madison, WI Breaking News, Weather and Sports

Financial industry reform

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WASHINGTON (AP/WKOW) -- The White House and congressional Republicans are locked in a public relations battle over regulating financial firms. Democrats say taxpayers need protection against firms that are "too big to fail."

Connecticut Sen. Chris Dodd accused Republicans of "political chicanery" for claiming new regulations amount to a bailout.

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