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Obama to discuss financial regulation on Lehman anniversary

• AP
President Obama plans to use the first anniversary of Lehman Brothers' collapse to talk about plans to wind down the government role in a financial sector that needed a Washington bailout last year, an administration official said Sunday.

Obama's speech in New York on Monday will push Congress to take action on regulatory reform to prevent the kind of tailspin that the economy went through last year. Obama also plans to repeat his call for global partners to coordinate to prevent future crises.


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