Last-minute bank taxes and fees could sink reform bill

06/29/2010 | CNBC · Reuters · Wall Street Journal, The

The Financial Crisis Special Assessment is a tax on banks that would go toward paying for other provisions in the financial-reform bill. The tax and other fees that were added to the legislation could derail the bill, experts said. The legislation also faces significant opposition in the Senate, and the death of Sen. Robert Byrd, D-W.Va., has added to Democrats' concerns.

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