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Econ 101: March 12, 2012

Welcome to ThinkProgress Economy’s morning link roundup. This is what we’re reading. Have you seen any interesting news? Let us know in the comments section. You can also follow ThinkProgress Economy on Twitter.

  • Americans took 10.4 billion rides on public transportation in 2011, the second highest total since 1957. [New York Times]
  • U.S. exports to China are surging. [Washington Post]
  • The latest round of bank stress tests are expected to show improving balance sheets at the nation’s financial firms. [New York Times]
  • Business groups are pushing back on a provision of Wall Street reform that subjects certain too-big-to-fail financial firms to enhanced regulation. [The Hill]
  • Greece’s debt swap may provide only a short-term reprieve from the Eurozone crisis. [CNBC]
  • How banks won concessions in the $25 billion foreclosure fraud settlement. [Wall Street Journal]
  • Scams targeting older Americans are on the rise. [Huffington Post]
  • House Financial Services Committee Ranking Member Barney Frank (D-MA) has joined the calls for the nation’s top housing regulator, Edward DeMarco, to be replaced. [The Hill]

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