After the G20, President Obama returns to Washington, where he will be waiting for Congress to give final approval to legislation that will impose sweeping new regulations on the U.S.financial system.
VOA: standard.2010.06.27
The Dodd-Frank Act established a Consumer Finance Protection Agency with little to no congressional oversight over its sweeping powers to impose newregulations.
Republican leaders added to the turmoil Friday morning, seizing on news of spiraling unemployment to warn that new taxes and regulations including in the sweeping reform measure would push the country into an economic abyss.