President Obama takes off for a short vacation today with a major accomplishment packed in his bag - a financial overhaul that will be a major keepsake on the campaign trail.
The Senate voted 60 to 39 yesterday to pass the greatest overhaul of the banking and finance systems since the Great Depression.
The mostly party-line vote hands Obama yet another tough legislative victory that Democrats plan to tout all the way through November, even though earlier big wins like health reform and the stimulus act have so far failed to fire up voters.
But the White House plans to roll out frequent reminders of the finance bill, which includes new rules to control risky derivatives trades and a new financial consumer protection agency and gives regulators the power to dismantle companies "too big to fail."
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http://www.nydailynews.com/news/politics/2010/07/16/2010-07-16_banking_bill_big_boost_for_bam_dems.html#ixzz0trMw31EZ