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Congress Financial Reform

Senators Try To Slow Financial Reform

Mark Gongloff | Posted 11.10.2012 | Business
Mark Gongloff

Imagine a world where banks can appeal to the highest office in the land for help if some pesky financial regulator tries to tell them what to do. It's easy if you try: There is in fact a bill slouching its way through the Senate right now that would give the president of the United States the power to slam the brakes on new regulations that banks find insufficiently lenient, the New York Times writes.

The Bank Lobby Gets Desperate on Derivatives

Zach Carter | Posted 05.25.2011 | Business
Zach Carter

As bankers fight to defeat tough new rules on derivatives, all their sloganeers can come up with is that serious rules will send this business overseas. It'd be funny if Congress weren't taking it seriously.

Boehner Tells Bankers To Fight Financial Reform: 'Don't Let Those Little Punk Staffers Take Advantage Of You'

Think Progress | Pat Garofalo | Posted 05.25.2011 | Politics

This week, Senate Banking Committee Chairman Chris Dodd (D-CT) released the latest version of his financial regulatory reform bill, which aims to corr...