JUDY WOODRUFF: The campaign to toughen financial regulation in the U.S. reached its climax today. It came nearly two years after the financial meltdown that triggered the current recession.
JUDY WOODRUFF: The financial overhaul bill was one of the chief items on the president's agenda. And he signed it with fanfare, before an audience of 400 lawmakers and others.
PRESIDENT BARACK OBAMA: It will finally bring transparency to the kind of complex and risky transactions that helped trigger the financial crisis. Shareholders will have a greater say on the pay of CEOs and other executives so they can reward success instead of failure. And finally, because of this law, the American people will never be asked again to foot the bill for Wall Street's...
TAGGED: JUDY WOODRUFF,
Phillip Swagel,
Barack Obama,
Mitch McConnell,
Lynn Stout,
Elizabeth Warren,
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US Federal Reserve,
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United States