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President Signs S. 3850, the "Credit Rating Agency Reform Act of 2006"
President George W. Bush signs S. 3850, The Credit Rating Agency Reform Act of 2006, in the Oval Office Friday, Sept. 29, 2006. Standing with President Bush are bill sponsors Senator Richard Shelby, R-Ala., left, and Representative Mike Fitzpatrick, R-Pa. The legislation removes the Securities and Exchange Commission from the process of approving certain rating agencies as nationally recognized statistical rating organizations. White House photo by Eric Draper

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