JIM KUHNHENN
Associated Press Writer
WASHINGTON – One year in the making, a sweeping overhaul of Wall Street rules forged in the aftermath of a financial crisis cleared congressional negotiations early Friday and headed to the House and Senate for final votes.
Lawmakers hope to have a bill on President Barack Obama’s desk by July 4.
Success came at 5:39 a.m., hours after Obama administration officials helped broker a deal that cracked the last impediment to the bill – a proposal to force banks to spin off their lucrative derivatives trading business.