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Obama calls for bank tax as next step in reform

Written by: Dana Salvo

(Reuters) - President Barack Obama, fresh from a win on a sweeping overhaul of Wall Street regulations, on Saturday urged Congress to take up his proposal for a $90 billion, 10-year tax on banks as the next step in reform.

June 27, 2010 @ 9:44 am Trackback URL Posted in Industry News and tagged with , 10-year tax on banks, congress, financial regulation package, general motors, President Barack Obama, Troubled Asset Relief Fund, U.S. financial institutions, wall street reulations.

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