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McCain Defends Deregulation of Financial Industry

HeadlineSep 22, 2008

John McCain defended his support of deregulating the financial industry. He was asked about his views last night on 60 Minutes.

Scott Pelley: “In 1999, you were one of the senators who helped pass deregulation of Wall Street. Do you regret that now?”

Sen. McCain: “No. I think the deregulation was probably helpful to the growth of our economy.”

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