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GOP vows to exact spending cuts in upcoming fight on debt ceiling.
Any deal today would deal with only some recession-causing factors and set another deadline early next year.
Obama faces pressure to intervene and prevent East Coast strike.
Boehner cancels 'Plan B' due to House opposition.
Will be the first regulatory action after the banking company's $6 billion trading loss.
Some bankers and academics are concerned about concentration of risk.
Departure to come early next month, with no replacement yet chosen.