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Cmte Financial Services (R)
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Bachus Statement Regarding Status of Financial Markets Legislation

WASHINGTON, Sep 25 -

Congressman Spencer Bachus, Ranking Member of the House Financial Services Committee, made the following statement today:

"As I made clear in the meeting this morning, I was not authorized by my colleagues to make any agreement on behalf of House Republicans.

"There was progress on many issues, but no agreement other than to continue discussions."

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