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Chris Dodd

Stiglitz On Senate Financial Reform Bill: 'Too Little' Protection

Politico | Joseph E. Stiglitz | Posted 05.25.2011 | Business

Our regulatory system failed partly because we had regulators who didn't believe in regulation. Unless we "hard-wire" stronger regulations into our sy...

Ask Dr. Reddy

Robert Kuttner | Posted 05.25.2011 | Business
Robert Kuttner

At the founding conference of the Institute for New Economic Thinking, one appreciates how much the Obama administration could learn from foreign observers of the financial crisis, who are far ahead of American thinking.

Blanche Lincoln's "Cross of Gold" Moment

Mary Bottari | Posted 05.25.2011 | Politics
Mary Bottari

To the surprise of many, Blanche Lincoln won her Arkansas Senate runoff. She did so as a modern-day William Jennings Bryan, standing up for farmers and pushing a strong Wall Street reform proposal to protect taxpayers.

Volcker Optimistic About Financial Reform Bill

Reuters | Jonathan Spicer | Posted 05.25.2011 | Business

Reuters) - There is a good chance that a sweeping U.S. financial reform bill will be passed in a "reasonable form," White House economic adviser Paul ...

Fix The Dodd Bill -- Use The Kanjorski Amendment

Simon Johnson | Posted 05.25.2011 | Business
Simon Johnson

At the heart of the currently proposed legislation on financial reform there is a simple premise: Key decisions about exact rules going forward must be made by regulators, not Congress. This is a mistake of breathtaking proportions.

Wall Street Reform Conference Committee Membership Announced

Chris Weigant | Posted 05.25.2011 | Politics
Chris Weigant

The Wall Street reform effort enters a new phase on Thursday, as the conference committee between the House and Senate will meet to begin hashing out the differences between the House and Senate versions which have already passed.

Will The Next Three Weeks Change Wall Street Forever?

Lawrence G. McDonald | Posted 05.25.2011 | Business
Lawrence G. McDonald

It is critically important the regulators create a level for systemic risk that hedge funds and private equity funds must obey.

What Big Banks Fear More Than the CFPA

Stacy Mitchell | Posted 05.25.2011 | Business
Stacy Mitchell

At stake in the financial reform debate is an issue that has received far less attention than the CFPA, but is at least as important: Whether Congress will restore the authority of states to oversee national banks.

The Banking Showdown

Robert Kuttner | Posted 05.25.2011 | Business
Robert Kuttner

Later this week, members of both houses of Congress will meet in the final legislative push for financial reform. Much of the conference will be in public session but backroom deals are likely to determine the final outcome.

Bank Reform Bait and Switch

Mary Bottari | Posted 05.25.2011 | Business
Mary Bottari

When the Senate bank reform legislation passed in May, Senate Majority Leader Harry Reid said it sent the message to Wall Street "no longer can you re...

Dodd's Bill Is an Angel Killer

Rick Tumlinson | Posted 05.25.2011 | Business
Rick Tumlinson

The Dodd bill will choke off innovation and wealth creation at exactly the same time the president is trying to kick start it by smothering the vitality of what needs to be a dynamic and open area of creativity.

Just Say: "Wall Street Reform"

Chris Weigant | Posted 05.25.2011 | Politics
Chris Weigant

If necessary, Democratic officeholders and candidates should practice in front of a mirror. Say "Wall Street reform" one hundred times, and when you're speaking in public, it'll leap to your lips.

Good, Bad and Ugly in Financial Reform

Kathryn Wylde | Posted 05.25.2011 | New York
Kathryn Wylde

With health care out of the way, regulation of the financial industry tops the reform agenda in Washington. New York has a lot on the line.

Why the Fight for Financial Reform Needs to Get Much More Personal

Arianna Huffington | Posted 05.25.2011 | Business
Arianna Huffington

When it comes to the fight over financial reform, Democrats are making the same mistake they did with health care: failing to put the effect reform would have on the lives of real Americans front and center.

Which Retiring Senators Will Be Working for Wall Street Next Year?

Mike Lux | Posted 05.25.2011 | Business
Mike Lux

All of the senators and House members working on financial reform should pledge right now that they will not retire only to go work for the likes of Goldman Sachs, Citibank, or JP Morgan Chase.

Shahien Nasiripour

Senate Financial Reform Bill DOESN'T End Too Big To Fail, Major Credit Rating Agency Says | Shahien Nasiripour | Posted 05.25.2011 | Business

So much for ending Too Big To Fail. The financial reform bill championed by the Obama administration and Senate Democrats as permanently ending the i...

Politicians and Spin II

Jerry Weissman | Posted 05.25.2011 | Politics
Jerry Weissman

In an earlier post I wrote about how Richard Blumenthal, the attorney general of Connecticut, who is running for Christopher Dodd's Democratic seat ...

Following "Da Money" Trail in Congress

Pearl Korn | Posted 05.25.2011 | Politics
Pearl Korn

Corporate America and its lobbyists continue to hold sway over Congress, and the results are obvious: partisan gridlock and watered-down bills that amount to little more than sell-outs.

The Trillion-Dollar Shadow

Richard (RJ) Eskow | Posted 05.25.2011 | Business
Richard (RJ) Eskow

What secrets are hidden in the Federal Reserve's trillion-dollar shadow? Senators like Chris Dodd and Judd Gregg don't want us to know. They don't even want to know, themselves.

Next, Banking Reform

Robert Kuttner | Posted 05.25.2011 | Business
Robert Kuttner

It was a pleasure to see President Obama exercise some leadership and muscle towards health reform. Now, we need to see a similar display of presidential leadership on financial reform.

Dodd Bill Sets Up America for Another Credit Default Crisis

John Standerfer | Posted 05.25.2011 | Business
John Standerfer

In a capitalistic economy, it only makes sense that the provider of insurance to a larger firm would expect a form of payment for guaranteeing the risk. These days, that insurer is the government.

Chris Dodd Gives Ground On Financial Reform Bill After Tough Criticism: Simon Johnson

Baseline Scenario | Simon Johnson | Posted 05.25.2011 | Business

Senator Chris Dodd has good political antennae. He knows that his financial reform bill will come under severe pressure because it has a weak heart -...

Politicians and Spin

Jerry Weissman | Posted 05.25.2011 | Politics
Jerry Weissman

Last week, Richard Blumenthal, the attorney general of Connecticut, who is running for Christopher Dodd's Democratic seat in the Senate and Rand Pau...

Dodd Reform Bill May tartups Get Hit By Shrapnel In The Banking Bill | Fred Wilson | Posted 05.25.2011 | Business

What does a bill attempting to regulate the banking industry have to do with startups? Well unfortunately, it contains two provisions that are quite p...

Senator Shelby: Dodd Bill Doesn't Fix 'Too Big To Fail'

Posted 05.25.2011 | Business

Alabama Senator Richard Shelby, the ranking Republican on the Senate Banking Committee, has written a letter to Treasury Secretary Tim Geithner voicin...