Ronald Reagan once quipped that he didn't know what the Ten Commandments would have looked like if Moses had run them by Congress. If only Congress could run financial reform past Moses. Legislators from the House of Representatives and the Senate this week continued the erratic process of reconciling versions of bills passed by each chamber. By the middle of the week, a number of differences had been ironed out, including the creation of a consumer-protection bureau housed within the Federal Reserve, the regulation of debit-card "interchange" fees and measures requiring firms that se-curitise loans to retain a portion of the risk. But the trickiest issues were still to come.
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