NU Online News Service, April 14, 3:37 p.m. EDT

WASHINGTON–The Obama administration has made clear it will support the Senate version of a financial services reform bill as the measure appears to be nearing a floor vote.

In comments at a White House meeting today with the Senate and House leadership of both parties, President Barack Obama said, "I am actually confident that we can work out an effective bipartisan package that assures that we never have 'too big to fail' again."

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