US Representative Barney Frank, an architect of the financial-overhaul bill lawmakers sent to President Barack Obama yesterday, said he wants Congress this year to take up the White House plan for a $90bn bank tax to recoup government bailout funds. Frank said Treasury Secretary Timothy Geithner had urged him not to look for bank fees, which Frank had sought to help pay for the legislation, because the administration plans a major push for a broader tax.
Congress should take up $90bn bank tax, Frank says
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