Financial Overhaul

New Rules Require Banks To Share More Risk

AP | MARCY GORDON | Posted 05.25.2011

Read More: Bank-Risk, Freddie Mac, Fdic, Bank-Rules, Financial Reform, Financial Overhaul, Federal Deposit Insurance Corp, Fannie Mae, Banks, John Walsh, New Bank Rules, Dodd-Frank Bill, Business News

WASHINGTON — Banks will have to share in the risk when they sell investments of the kind that rocked the financial system in 2008 under rules ad...

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Executive Compensation: Barney Frank To Hold Hearing On Wall Street Pay

washingtonpost.com | Zachary A. Goldfarb | Posted 05.25.2011

Read More: Freddie Mac, Wall Street, Financial Overhaul, Barney Frank, Fannie Mae, Wall Street Salaries, Executive Compensation, House Financial Services Committee, Business News

Rep. Barney Frank, chairman of the House Financial Services Committee, said Tuesday that he will hold a hearing this fall to examine whether regulator...

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Freddie Mac Requests $1.8B Government Handout After Big Losses

AP | ALAN ZIBEL | Posted 05.25.2011

Read More: Treasury Department, Charles Haldeman, Housing Market, Unemployment, Subprime Mortgages, Freddie Mac, Housing Boom, Financial Overhaul, Mortgage Crisis, Fannie Mae, Business News

WASHINGTON — Keeping Fannie Mae and Freddie Mac in business will cost taxpayers billions. But getting the federal government out of the mortgage...

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Credit Cards Transfer Money From Poor To Rich Households: Study

Huffington Post | Nathaniel Cahners Hindman | Posted 05.25.2011

Read More: Federal Reserve Bank of Boston, Obama-Financial-Bill, Income Inequality, Financial Overhaul, Fed, Credit Cards, Credit Card Fees, Video, Business News

Credit cards do more than drain money from your wallet -- they may actually create an "implicit money transfer" from the poor to the rich, according t...

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Highlights Of The Financial Overhaul Bill (PHOTOS)

HuffPost/AP | Posted 05.25.2011

Read More: Capital-Cushions, Obama Financial Overhaul, Executive Pay, Obama Bank Restrictions, Financial Overhaul, Derivatives Reform, Derivatives Regulation, Government Spending, Oversight, Consumer Protection Agency, Federal Reserve, Credit Rating Agencies, Mortgage Loans, $700 Billion Bailout, Slidepollajax, Business News

Congress just passed a sweeping overhaul of America's financial regulatory system. The financial bill cleared the Senate by a vote of 60 to 39, and ...

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Simon Johnson: A Roosevelt Moment for America's Megabanks?

Project Syndicate | Posted 05.25.2011

Read More: Theodore Roosevelt, Reform Moment, Roosevelt Reform, Financial Overhaul, Financial Reform, Roosevelt Moment, Simon Johnson, Financial Regulation, Dodd-Frank Bill, Business News

WASHINGTON, DC -- Just over a hundred years ago, the United States led the world in terms of rethinking how big business worked -- and when the power ...

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Today's Front Pages: July 14

Posted 05.25.2011

Read More: Federal Reserve Rates, George Steinbrenner Dead, Financial Overhaul, Steinbrenner Dies, George Steinbrenner Dies, Slidepollajax, Steinbrenner Dead, Steinbrenner Funeral, New York News

The talk of the town: ...

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Key Republican Moderate Backs Financial Reform As Bill Edges Closer To Passage

Posted 05.25.2011

Read More: Olympia Snowe, Financial Reform Bill, Senate Financial Reform, Financial Overhaul, Wall Street Reform, Olympia Snowe Financial Reform, Financial Reform, Olympia Snowe Wall Street Reform, Snowe Financial Reform, Financial Regulation, Politics News

WASHINGTON (AP) -- Sens. Olympia Snowe and Scott Brown pushed sweeping financial legislation to the edge of final passage Monday, both announcing they...

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Auto Dealers, Community Banks Dodge Consumer Oversight

AP | STEPHEN MANNING and MARCY GORDON | Posted 05.25.2011

Read More: National Automobile Dealers Association, Financial Reform Bill, Auto Dealers, Community Banks, Consumer Financial Protection Agency, Financial Overhaul, Congresional Oversight Panel, Local Banks, Auto Industry, Business News

WASHINGTON — The financial overhaul bill awaiting final action in the Senate includes a new regulator whose aim is to make sure mortgages, credi...

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Stocks And Consumer Sentiment Rise Amid Financial Overhaul

AP | TIM PARADIS | Posted 05.25.2011

Read More: JPMorgan Chase, Goldman Sachs, Dow Jones, Stocks, Stock Market, Financial Overhaul, Derivatives, Consumer Sentiment Index, Bancorp, Barack Obama, Business News

NEW YORK — Bank stocks shot higher Friday after an agreement on a financial regulation bill reassured investors that new rules won't devastate f...

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Expect G-20 Leaders To Clash Over Global Recovery

AP | JEANNINE AVERSA and TOM RAUM | Posted 05.25.2011

Read More: G-20 Summit, Financial Recovery, Lehman Brothers, Financial Reform, Financial Overhaul, David Cameron, Angela Merkel, Global Financial Crisis, Japan, Canada, Barack Obama, G-20, North Korea, Business News

HUNTSVILLE, Ontario — Fresh from a congressional win on a financial overhaul, President Barack Obama pressed world leaders on Friday to join him...

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Public Isn't Buying Wall Street Reform: AP Poll

AP | Posted 05.25.2011

Read More: Financial Overhaul, Wall Street Reform, Financial Reform, Wall Street Reform Poll, Wall Street Regulation, Financial Reform Poll, Financial Regulation, Business News

WASHINGTON — Americans aren't convinced new Wall Street rules will prevent a future financial crisis. An Associated Press-GfK Poll finds that 6...

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Swinging Senators to Be

Shawn Healy | Posted 05.25.2011

Read More: Jacob Meister, Thomson Correctional Center, Unemployment, Economic Stimulus Package, Mark Kirk, Cheryle Jackson, Public Option, Rod Blagojevich, Financial Overhaul, Alexi Giannoulias, Obama Administration, Health Care Reform, David Hoffman, Afghanistan War, Chicago News
Shawn Healy

Attendees of the Union League Club's Dem Senatorial Forum were treated to candidates largely in agreement, but whose actions show little evidence they have been infected by the holiday spirit.

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We Need to Support Obama in Overhauling the Financial Industry, Before it's Too Late

John Atlas | Posted 05.25.2011

Read More: Obama Wall Street, Wall Street, Lehman Brothers, Financial Overhaul, Economy, Consumer Financial Protection Agency, Regulation, Financial Crisis, Financial Regulation, Business News
John Atlas

I believe its time for the government to exert tough new control over the financial services industry. Polls show that a majority of the American people agree.

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Obama: I'm Ready For A Fight Over New Consumer Protections

Huffingtion Post/AP | Posted 05.25.2011

Read More: Video, Consumer Protections, Financial Overhaul, Obama Weekly Address, Barack Obama, Financial Regulations, Politics News

AP: WASHINGTON — President Barack Obama said Saturday that current financial rules exploit consumers and he put critics of his proposed overhaul...

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Clinton Labor Secretary: Obama's Wall Street Plan "Does Not Measure Up"

Salon | Robert Reich | Posted 05.25.2011

Read More: Obama Wall Street, Wall Street, Financial Overhaul, Financial Regulations, Obama Economy, Barack Obama, Politics News

The plan doesn't stop bankers from making huge, risky bets with other people's money. It does increase capital requirements and oversight, but it does...

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Obama's Bank Overhaul May Stall As Congress Tackles Health Care, Climate Control

Bloomberg News | Posted 05.25.2011

Read More: Overhaul May Stall, Financial Overhaul, Obama Bank Overhaul, Bank Overhaul, Bank Regulation, Obama Climate Change, Obama Health Care Reform, Politics News

June 16 (Bloomberg) -- The Obama administration's revamp of U.S. banking and market regulations may be stalled into next year as Congress and the pres...

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Financial Regulatory Overhaul Starts Next Month Amid Intense Lobbying

Financial Times | Posted 05.25.2011

Read More: Financial Overhaul, Regulatory Overhaul, Financial Regulatory Overhaul, Business News

Congress will next month start the biggest regulatory overhaul of the US financial system in decades, bringing into the open a frantic lobbying effort...

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