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US Panel sets fees for big firms, aims to slow Fed
Quick ReadUS House committee sets fees on big firms and calls for audit of secretive Federal Reserve
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WASHINGTON (AP) — Taking aim at Wall Street and the U.S. central bank, an important House committee voted Thursday to assess fees on large financial firms to pay for the failure of their peers and to require a sweeping congressional audit of the secretive Federal Reserve.
The votes were the final brush strokes to the House Financial Services Committee's response to last year's banking meltdown.
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