MR. KERNEN: Senator Chris Dodd's financial overhaul bill would create a single banking regulator, a council of regulators to monitor systemic risk to the economy, a consumer financial protection agency that would enforce rules on mortgages as well as credit cards.

Here now with reaction on the bill, Senator Bob Corker, a member of the Banking Committee and a Republican hailing from Tennessee. Also on hand, Leon Cooperman, chairman and CEO of Omega Advisers. ...

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