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Obama Financial Reform

Barack Obama, Wall Street Warrior?

Richard (RJ) Eskow | Posted 09.07.2014 | Politics
Richard (RJ) Eskow

It was good to hear President Obama say that reining in Wall Street's high-risk behavior is an "unfinished piece of business." It would be even better if this observation were quickly followed by action -- the kind of concrete action he can take immediately, with or without Congress's cooperation.

Still Unsafe: What Obama Must Do For Financial Reform In His Second Term

Mark Gongloff | Posted 03.18.2013 | Business
Mark Gongloff

As part of the Huffington Post's Road Forward series on President Obama's second term, I did a story on what Obama needs to do to make the financial system safer.

What President Obama Must Do In His Second Term To Protect Main Street From Wall Street

Dennis M. Kelleher | Posted 03.17.2013 | Politics
Dennis M. Kelleher

The goal of a safer, sounder financial system, one that is less prone to crisis and failure and eliminates or dramatically reduces the need for taxpayer bailouts, is achievable. This is what the American people voted for last November. This is the president's clear mandate.

Mark Gongloff

The Road Forward: The 5 Things Obama Must Do For Financial Reform | Mark Gongloff | Posted 01.24.2013 | Business

When President Barack Obama first swore the oath of office, the backdrop was a financial system in flames. Four years on, the fires are out, but those...

Obama Reportedly Sees Executive Pay Rules As Next Financial Reform

Reuters | Posted 12.26.2012 | Politics

WASHINGTON, Oct 25 (Reuters) - President Barack Obama said in an interview released on Thursday that the next important step for making the U.S. fin...

Lloyd Blankfein: Some Financial Reforms 'Inadequate'

The Huffington Post | Bonnie Kavoussi | Posted 10.02.2012 | Business

Even Goldman Sachs CEO Lloyd Blankfein says there's a possibility some new financial rules may not be tough enough. "A lot of the reforms containe...

Wall Street to Obama: Thanks for Saving Our Jobs and Bonuses, Now F*** Off

Miles Mogulescu | Posted 07.18.2012 | Politics
Miles Mogulescu

Now that President Obama's views on gay marriage have "evolved," it's time for his views on Wall Street to likewise "evolve" and for Obama to forcefully campaign to break the stranglehold of Too Big To Fail banks on the economy.

President Obama Needs to Get Serious About the Financial Crimes Unit

Becky Bond | Posted 06.09.2012 | Politics
Becky Bond

President Obama needs to give the Department of Justice task force the resources required to launch a serious investigation that will bring about real accountability before the statutes of limitations run out for Wall Street's crimes.

Shahien Nasiripour

New Financial Reform Law Could Have Resolved Lehman, Regulator Argues | Shahien Nasiripour | Posted 06.18.2011 | Business

The failure of Lehman Brothers Holdings Inc., which caused financial panic and sent markets into a tailspin, could have been avoided had last year's f...

Shahien Nasiripour

Trillion-Dollar Banks Could Get Bigger Under Financial Overhaul Law | Shahien Nasiripour | Posted 05.25.2011 | Business

WASHINGTON -- The nation's four biggest banks can grow even bigger, with the potential to add at least another trillion dollars onto their balance she...

Bank Reform Groups Celebrate Final Passage

Mary Bottari | Posted 05.25.2011 | Politics
Mary Bottari

After a classic David and Goliath showdown between Wall Street might and a small band of reformers, a 2,000 page Wall Street reform bill passed the U....

Ryan Grim

Wall Street Reform Passes | Ryan Grim | Posted 05.25.2011 | Business

Nearly two years after major banks brought the global financial system to the brink of collapse, triggering a steep economic decline and crisis-levels...

Brian Moynihan, Bank Of America CEO, Obama's New Wall Street Ally

Bloomberg | Julianna Goldman and Hans Nichols | Posted 05.25.2011 | Business

The Obama administration has found a banker it can do business with: Bank of America Corp.'s Brian Moynihan....

Eliot Spitzer: How Washington Blew Its Chance for Wall Street Reform

Slate Magazine | Eliot Spitzer | Posted 05.25.2011 | Business

Even acknowledging the truism that making laws is like making sausage, often leading any observer toward becoming a vegetarian, if not a vegan, some l...

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...

Judd Gregg and Ben Nelson: More Socialism Please

Dylan Ratigan | Posted 05.25.2011 | Business
Dylan Ratigan

In their current form, derivatives are basically government insurance for banks where taxpayers pay the claims. And politicians like Gregg and Nelson are fighting to keep the crooked $600 trillion derivatives market unreformed.

Reformers, All! The GOP Would Like to Explain

Rick Horowitz | Posted 05.25.2011 | Politics
Rick Horowitz

It took us years to get into the mess we're in. Why shouldn't it take us just as long to get out?

Obama Weekly Address: President Urges Congress To Pass Financial Reform Bill (VIDEO)

Posted 05.25.2011 | Politics

ALAN FRAM, Associated Press WASHINGTON -- President Barack Obama prodded Congress on Saturday to send him financial overhaul legislation, saying the ...

'13 Bankers': If The Megabanks Are Too Powerful To Regulate, Then They're Too Powerful To Shrink

Noam Scheiber | Posted 05.25.2011 | Home
Noam Scheiber

Anyone can talk tough when markets are calm. But in the middle of a financial crisis it takes a special breed of hard-ass to insist on haircuts, since no one can be sure that squeezing creditors won't shut down the entire bond market.

Gretchen Morgenson: Leading Financial Reform Proposals Won't Stop 'Bailout Buffet'

New York Times | GRETCHEN MORGENSON | Posted 05.25.2011 | Business

EVERY once in a while, Congress awakens from its lobbyist-induced torpor, realizes that the masses are cranky and sets out to appease them. Such a mom...

Bloomberg Critiques Obama's Financial Plan

The New York Observer | Azi Paybarah | Posted 05.25.2011 | New York

Michael Bloomberg did an impressive job of praising Barack Obama while outlining, in detail, what he doesn't like about Obama's financial regulatory p...

Shahien Nasiripour

Obama Cooper Union Speech: Financial Reform Speech To Keep Pressure On Wall Street | Shahien Nasiripour | Posted 05.25.2011 | Business

With Goldman Sachs's top leaders in attendance, President Barack Obama urged financial executives to work with him in passing the financial reform bil...

The Speech: The Good, The Bad and The Missing

Dylan Ratigan | Posted 05.25.2011 | Business
Dylan Ratigan

The revolving door between government regulators and the high-paying banks they supposedly regulate remains as fluid as ever. None of what Obama said today matters while our cops still work for the crooks.

Make the Call or Get Out of the Booth: After the President's "Wall Street" Speech

Simon Johnson | Posted 05.25.2011 | Business
Simon Johnson

The president's rhetoric today at Cooper Union was commendable. But there is still the awkward question of legislation that would actually reduce the political power of big banks.

Strategy Corner: Time for a New Kind of Bold from President Obama

Mark Penn | Posted 05.25.2011 | Politics
Mark Penn

The administration's calculus that unpopular legislative success can translate into big November wins simply doesn't add up. Unless the administration finds a new strategy, they're facing electoral retribution on a scale unseen since 1994.