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Financial Regulatory Reform

Jason Linkins

FinReg Negotiations: Use Sunlight Live To Watch Them | Jason Linkins | Posted 05.25.2011 | Media

The news today is that as the financial regulatory reform moves to the next stage of negotiations, legislators on both sides of the aisle have come ou...

Finally Holding Wall Street Accountable

Sen. Jon Tester | Posted 05.25.2011 | Business
Sen. Jon Tester

This bill is a big win for Main Street. It holds Wall Street accountable and preserves the critical role community banks have in strengthening communities, jobs, and small businesses.

Barney Frank Gets Back At GOP Leader With 'Little Punk Staffer' Buttons

Posted 05.25.2011 | Politics

The debate over Sen. Chris Dodd's financial reform bill is heating up, with the top Republican in the House trading blows with President Obama and Hou...

Ryan Grim

Dodd Backs Down On Derivatives | Ryan Grim | Posted 05.25.2011 | Business

Under pressure, Sen. Chris Dodd (D-Conn.) has backed down on his attempt to weaken the derivatives section of Wall Street reform authored by Sen. Blan...

Arthur Delaney

Durbin Considers Cramdown-Related Amendment As Part Of Wall Street Reform | Arthur Delaney | Posted 05.25.2011 | Politics

Story updated -- see below: Senate Majority Whip Dick Durbin (D-Ill.) is considering amending Wall Street reform legislation to allow something simil...

Arthur Delaney

Dodd's Bill Soft On Private Equity And Hedge Funds, Say Critics | Arthur Delaney | Posted 05.25.2011 | Business

On Monday, Sen. Chris Dodd was proud to announce that his financial regulatory reform legislation does not exempt auto dealers from new regulations li...

Jason Linkins

'Daily Show''s Hilarious Take On The Dodd Bill (VIDEO) | Jason Linkins | Posted 05.25.2011 | Business

I'd be remiss if I didn't point readers to the Daily Show's wonderful segment on Congressional efforts to institute some measure of financial regulatory reform.

Proxy Access: A Threat to Successful Reform

John J. Castellani | Posted 05.25.2011 | Business
John J. Castellani

It's clear that we need reform, and we need it now, but rushing through legislation without carefully considering the long-term ramifications for our economy is not the way to go.

Jason Linkins

Byron Dorgan Slams Fellow Dems On FinReg Reform (VIDEO) | Jason Linkins | Posted 05.25.2011 | Politics

Yesterday, Senator Byron Dorgan (D-N.D.) took to the well of the Senate to introduce his amendment banning naked credit-default swaps. Along the way...

Arthur Delaney

Senate Approves Amendment To Ban Liar's Loans, 'Steering Payments' For Loan Originators | Arthur Delaney | Posted 05.25.2011 | Business

Five Republicans joined Senate Democrats voting in favor of an amendment to Wall Street reform legislation that will ban "liar's loans" and kickbacks ...

Financial Regulatory Reform's Slow Pace Frustrates Industry

Reuters | Mark Weinraub and Jonathan Spicer | Posted 05.25.2011 | Business

"An astounding fact to me is that we are sitting here in March 2010 and we've done nothing in the way of financial reform up to now, nothing," Alan Bl...

Arthur Delaney

Jack Reed Introduces Amendment To Close Dodd Bill 'Loophole' | Arthur Delaney | Posted 05.25.2011 | Business

Sen. Jack Reed (D-R.I.) announced Monday his plans to introduce an amendment to close a "loophole" in Wall Street reform legislation that would allow ...

Stopping Too Big to Fail is Vital to a Healthy Economy

Sam Zamarripa | Posted 05.25.2011 | Business
Sam Zamarripa

Despite assurances from federal regulators and lawmakers large financial institutions with concentrated positions in risky assets continue to pose a significant threat to our still fragile financial markets.

Fed To Keep Bank Oversight

Jeff Muskus | Posted 05.25.2011 | Business

The Federal Reserve has won its battle to maintain singular regulatory oversight of America's major financial institutions, the Financial Times report...

Ryan Grim

GOP Tensions Simmer Over CFPA | Ryan Grim | Posted 05.25.2011 | Politics

Tensions have been simmering between two top Republicans in the Banking Committee since the senior member, Sen. Richard Shelby (R-Ala.), backed out of...

Shahien Nasiripour

Fight For The CFPA Is 'A Dispute Between Families And Banks,' Says Elizabeth Warren | Shahien Nasiripour | Posted 05.25.2011 | Business

While members of the Senate Banking Committee debate proposals to fix the nation's broken financial system and ineffective approach to protecting cons...

Dodd: Consumer Financial Protection Agency Must Have 'Rule-Making Authority' (VIDEO)

Posted 05.25.2011 | Business

Senate Banking Committee Chairman Christopher Dodd said today that, while he supports an independent consumer financial protection agency, he's "more ...

Shahien Nasiripour

Progressive Washington Post Readers Assail Obama On New Consumer Agency | Shahien Nasiripour | Posted 05.25.2011 | Business

A news article suggesting that the Obama administration is comprising on a proposed new agency dedicated to protecting consumers of financial products...

Who's to Blame for Stalling Key Parts of the Obama Agenda?

Robert Creamer | Posted 05.25.2011 | Politics
Robert Creamer

The financial industry, the insurance giants and the oil companies are going to bite and claw and fight to stop real reform until the last dog dies. Progressives better be ready to do the same.

Senator Maria Cantwell

Local News | Kyung M. Song | Posted 05.25.2011 | Business

Washington Senator Maria Cantwell is leading a crusade against derivatives trading, writes Kyung Song in the Seattle Times: "She has introduced bills ...

Sam Stein

Americans United For Change Goes After Wall Street Casinos In Latest Ad | Sam Stein | Posted 05.25.2011 | Politics

Groups allied with the Obama White House are going up on air again to lay the groundwork for comprehensive financial reform legislation using the poli...

Sam Stein

Dems Worry That Regulatory Reform Messaging War May Already Be Lost | Sam Stein | Posted 05.25.2011 | Politics

As the Senate turns its attention to restructuring regulations for Wall Street, Democrats who demand strong and comprehensive reform are concerned tha...

Simon Johnson And James Kwak: Is Summers Ready to Get Tough on Big Banks? | SIMON JOHNSON and JAMES KWAK | Posted 05.25.2011 | Business

Financial regulation is currently in no-man's land, having emerged more or less intact from the House frying pan before facing the gantlet of the Sena...

What the Iconic Labor Battle at Hugo Boss Means for Our Economic Future

Robert Creamer | Posted 05.25.2011 | Politics
Robert Creamer

Not only is the whole company profitable, there is every indication that the Cleveland plant is profitable as well. So why is Hugo Boss shuttering its Cleveland operation and sending 400 American workers onto unemployment lines?

Arthur Delaney

Melissa Bean: A Democrat Bankers Bank On | Arthur Delaney | Posted 05.25.2011 | Politics

Rep. Melissa Bean stands at the chokepoint of financial reform in the House of Representatives. The Democrat from suburban Chicago is only in her th...