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Financial Reform Bill

Arthur Levitt Q&A On Financial Reform: "Changes Are At The Margins"

ProPublica | Karen Weise | Posted 05.25.2011 | Business

After a 20-hour, all-night session, Senate and House negotiators agreed last Friday on a compromise financial reform bill meant to prevent future econ...

Showdown in Senate Meets Showdown in Streets

George Goehl | Posted 05.25.2011 | Business
George Goehl

Today, thousands of Americans -- workers and small business owners, students and retirees, clergy and veterans, are forcing a Showdown on Wall Street, marching directly to the scene of the crime.

Financial Reform Debate Turns To Bill's Details

AP | DAVID ESPO | Posted 05.25.2011 | Business

WASHINGTON — Days of high-decibel partisanship yielded to slightly more subdued accusations as the Senate lurched into action Thursday on legisl...

USAA Members Can Support Financial Reform

Mary Bottari | Posted 05.25.2011 | Business
Mary Bottari

As a consumer advocate and a military brat, I have long been a huge fan and a lifelong member of USAA. USAA is an insurance company that was set up to...

The Long, Long Odds

Mike Lux | Posted 05.25.2011 | Politics
Mike Lux

The short review of financial reform is that reformers won some and lost some. But however you feel on the upbeat/downbeat scale, the fact that we won anything is pretty remarkable.

Senators Push For Deal On Financial Reform Bill (VIDEO)

Huffington Post/AP | Posted 05.25.2011 | Politics

WASHINGTON - The Senate's top negotiators on financial overhaul legislation said Sunday they were not optimistic about striking a bipartisan agreement...

Ryan Grim: As Strange As It Sounds, Strong Derivatives Reform Could Become Law (VIDEO)

Huff TV | Posted 05.25.2011 | Politics
Huff TV

Huffington Post's Senior Congressional Reporter Ryan Grim appeared on "The Dylan Ratigan Show" Wednesday to explain where things stand on the financia...

As Financial Reform Goes Down to the Wire, Will There Be Change?

Danny Schechter | Posted 05.25.2011 | Business
Danny Schechter

When some weakened bill is passed as, no doubt, one will, prepare for the TV spin by the punditocracy shilling for the status quo. And then watch as the Obama Administration hails it as the second coming.

Laura Bassett

Carolyn Maloney SLAMMED By Reshma Saujani For Concert Fundraiser During Financial Reform Negotiations (VIDEO) | Laura Bassett | Posted 05.25.2011 | Politics

Reshma Saujani, the Democratic primary challenger to Rep. Carolyn Maloney (D-NY), has posted a new video on her website slamming the Congresswoman for...

George Soros: America Must Face Up To The Dangers Of Derivatives

George Soros | George Soros | Posted 05.25.2011 | Business

The US Security and Exchange Commission's civil suit against Goldman Sachs will be vigorously contested by the defendant. It is interesting to specula...

Blanche Lincoln's Derivatives Legislation Challenged By Democrats

Roll Call | Emily Pierce | Posted 05.25.2011 | Politics

Senate Agriculture, Nutrition and Forestry Chairman Blanche Lincoln (D-Ark.) appears to be fighting an uphill battle to get her piece of the financial...

Financial Reform at a Crossroads

Robert Kuttner | Posted 05.25.2011 | Business
Robert Kuttner

If a bipartisan strategy is adopted on financial reform, both parties will declare victory and go home. Some of Obama's advisers think this is smart politics. They should think again.

Fraud in Banking, Fraud in Message

Mike Lux | Posted 05.25.2011 | Business
Mike Lux

The banking wars are in full scale battle mode. We are going to see a lot more of this faux populism paid for by bailed out bankers before the year is through, and progressives have to be quick to expose it.

For Good Financial Reform, We Need More Chum

Erica Payne | Posted 05.25.2011 | Media
Erica Payne

The SEC's suit against Goldman Sachs has finally prompted the media to turn its attention to financial reform. The waters have been chummed -- there hasn't been a story this tasty since Monica Lewinsky.

Ryan Grim

Harry Reid Charging Ahead On Wall Street Reform | Ryan Grim | Posted 05.25.2011 | Business

Fresh off their victory on health care, Democrats are pushing ahead with Wall Street reform despite Republican objections, Senate Majority Leader Harr...

Financial Reform: Five Ways To Tell If The Lobbyists Are Winning

Mother Jones | David Corn | Posted 05.25.2011 | Business

Back in action after its two-week recess, Congress will soon take up its latest daunting legislative battle: rewriting the rules of the American finan...

Progressives Are Batting .500 in 2010 Senate Races: Make It .666 by Drafting Ted Kaufman in Delaware

Miles Mogulescu | Posted 05.25.2011 | Politics
Miles Mogulescu

If Kaufman doesn't run, Democrats are almost certainly facing a crushing defeat in the race for Joe Biden's old Senate seat in Delaware and a resounding victory for Republicans.

Blackstone Speaks Out Against Tax Hike On Executives

BusinessWeek | Ryan J. Donmoyer | Posted 05.25.2011 | Business

Blackstone Group LP and other firms protesting a plan by Congress to increase taxes on executives of investment partnerships are focusing on what they...

Dylan Ratigan Explains 'Con Job': Greenspan, Banks, Congress To Blame

Posted 05.25.2011 | Business

Dylan Ratigan sought to explain the causes and scope of the of the financial crisis Wednesday. Calling it a "con job," Ratigan identified former Fed...

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.

3,000 Pages Of Financial Reform Still Not Enough

New York Times | GRETCHEN MORGENSON | Posted 05.25.2011 | Business

For decades, until Congress did away with it 11 years ago, a [34-page] Depression-era law known as Glass-Steagall ably protected bank customers, indiv...

Obama Planning Get-Tough Approach To Congress On Financial Reform

Politico | MIKE ALLEN | Posted 05.25.2011 | Politics

An emboldened President Barack Obama will take a stronger hand with Congress in coming weeks, planning to push lawmakers to pass new regulations for W...

Hard Pressed, Senator Dodd Gives Ground

Simon Johnson | Posted 05.25.2011 | Business
Simon Johnson

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 -- the provisions that deal with "too big to fail" are simply "too weak to make any sense."

Ratigan: Dodd's Financial Reform Bill Doesn't Go Far Enough (VIDEO)

Posted 05.25.2011 | Politics

Dylan Ratigan ridiculed the Senate's financial reform bill Thursday and argued that it wasn't enough to protect the country from another financial col...

Financial Sector Lobbyists Push For Last Minute Bill Loopholes

AP | JIM KUHNHENN | Posted 05.25.2011 | Business

WASHINGTON — In a rare defeat for President Barack Obama, the Senate on Monday called for auto dealers to be excluded from the regulations of a ...