Articles by Jackie Calmes and Sewell Chan Elisabeth Bumiller Javier C. Hernandez
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January 20, 2010
President Barack Obama on Tuesday stepped into the middle of a fierce lobbying battle by reinforcing his support for an independent agency to protect consumers against lending abuses that contributed to the financial crisis. The president’s move also signaled a tougher line and a more direct role as Congress weighs an overhaul of banking regulation.