Washington school children celebrate Dalai Lama

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Exiled Tibetan spiritual leader The Dalai Lama greets a boy as he takes part in a Children and Youth Day celebration, as part of his five-day visit to Seattle, Washington April 14, 2008. REUTERS/Robert Sorbo

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Senate financial reform bill boosts Fed: sources

WASHINGTON (Reuters) - The Federal Reserve would gain new powers over non-bank financial firms and keep much of its authority over banks under a new bill to be unveiled on Monday by the Senate's architect of financial reform.

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Trader John Boehm works in the 5-year US Treasury Bond Options Pit at the Chicago Mercantile Exchange September 16, 2008. REUTERS/John Gress

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