President Obama Brings News of Financial Overhaul to G20

Friday, June 25, 2010

Sen. Christopher Dodd (D-Conn.), flanked by Democratic colleagues after the Senate passed financial reform legislation back in May Sen. Christopher Dodd (D-Conn.), flanked by Democratic colleagues after the Senate passed financial reform legislation back in May (Getty Images)

It still has to pass the House and Senate and be signed into law by President Barack Obama, but sweeping legislation on financial regulation is looking like it will be law soon, as both houses have reached a compromise on the language of the bill. As the President heads to Toronto this week for the G8 and G20 Summits, it will be news he can bring with him to participating countries as an example of the U.S. commitment to financial reform. How will the legislation and the President be received?

We speak with the BBC's business correspondent Mark Gregory for more on the legislation and the gathering of country leaders in Toronto.

Guests:

Mark Gregory

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