The Senate today started what could be several weeks of debate on legislation that would overhaul the regulation of financial services.
Lawmakers began with general discussion of the issue and on the need to make changes to the rules to try to prevent some of the events that led up to the recession.
The Senate is expected to begin considering amendments to the bill next Tuesday.
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The two major sources of disagreement are the method for rescuing firms deemed too big to fail and the creation of an entity to regulate consumer financial products.
If the Senate passes a bill, it must be reconciled with the version passed by the House last December.
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