Signs of progress as Congress debates financial reform

The World

The financial regulatory reform bill is moving quickly through Congress this week, having already passed the House. But Takeaway Washington correspondent Todd Zwillich looks at one of biggest flash points as the Senate debates the bill: Derivatives. It’s an industry worth about $500-600 trillion and has remained largely free of regulation up to now. Todd explains how Congress is trying to bring sunlight to a typically murky practice.

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