• Text size
  • Send this article to a friend
  • Print this article

Obama initiative seeks to fix finance regulations

STEVEN R HURST WASHINGTON President Barack Obama unveiled a systemwide regulatory overhaul yesterday, measures he hopes will restore confidence in the US financial system and prevent a repeat of the worst crisis to hit Wall Street in seven decades.

Custom byline text: 
heraldscotland staff

STEVEN R HURST WASHINGTON President Barack Obama unveiled a systemwide regulatory overhaul yesterday, measures he hopes will restore confidence in the US financial system and prevent a repeat of the worst crisis to hit Wall Street in seven decades.