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Wall Street Reform

Ryan Grim

GOP Warms To Breaking Up The Big Banks | Ryan Grim | Posted 05.25.2011 | Business

With additional reporting by Sam Stein When it comes to opposing the Democratic Wall Street reform plan, Republican leadership has a logic problem: I...

For Sale: One Used Attorney General?

Barbara Ann Radnofsky | Posted 05.25.2011 | Politics
Barbara Ann Radnofsky

As taxpayers we pay our elected officials to serve the people and protect our state and our interests. What happens when the very companies that our ...

Shahien Nasiripour

Obama's Treasury Dept Working To Defeat Derivatives Proposal 'Of Utmost Importance' To Reforming Wall Street | Shahien Nasiripour | Posted 06.14.2010 | Business

A Senate proposal to force banks to shed their lucrative yet risk-laden derivatives units -- which is vehemently opposed by Wall Street -- is gaining ...

Here Comes Another Colossal Republican Lie

Andy Ostroy | Posted 05.25.2011 | Politics
Andy Ostroy

The Republicans may be the Party of No, and may not have a lick of ideas of their own, but they are very effective liars, highly adept at framing issues to turn public sentiment their way.

Democrats Hold The Line Against Wall Street Derivatives Lobbying

AP/The Huffington Post | Posted 05.25.2011 | Politics

Senate Democrats are "resisting a last-ditch lobbying push from big Wall Street firms" and "moving toward a sweeping revamp of financial regulation th...

Setting the Record Straight on Financial Reform

Chris Dodd | Posted 05.25.2011 | Politics
Chris Dodd

Today on the Senate floor I addressed the recent misinformation campaign by opponents of meaningful financial reform. We can't afford to play politics on this one.

Young Americans: In Rejecting Jamie Dimon, Syracuse Students Speak for the Nation

Richard (RJ) Eskow | Posted 05.25.2011 | College
Richard (RJ) Eskow

The students at Syracuse University are absolutely right: Dimon's a poor role model. We should be proud that they don't want life guidance from someone who has made a career of plundering the economy in the pursuit of non-productive wealth.

Rampant Fraud and Financial Collapse

Zach Carter | Posted 05.25.2011 | Business
Zach Carter

Criminal charges are likely to be filed against some of WaMu's former executives. But WaMu isn't the only bad actor from the financial crisis. This is basically how the entire U.S. mortgage market operated.

Weekly Audit: Congress Must Get Tough On Wall Street

The Media Consortium | Posted 05.25.2011 | Home
The Media Consortium

by Zach Carter, Media Consortium blogger Congress returns from its April recess this week with financial reform at the top of its to-do list. With mil...

After Hobnobbing With Bankers, McConnell Attacks Wall Street Reform

Chris Harris | Posted 05.25.2011 | Politics
Chris Harris

In return for obstructing Democratic legislation to hold Wall Street CEOs accountable, Republican lawmakers are pressing bankers for financial help heading into the November elections.

Ryan Grim

Lincoln Bucking White House Pressure, Pushing Forward To Weaken Derivatives Reform | Ryan Grim | Posted 05.25.2011 | Business

UPDATE, 4/14/10: Senate Democrats are "resisting a last-ditch lobbying push from big Wall Street firms, are moving toward a sweeping revamp of financi...

Michael Bennet Says He "Listens to Coloradans Hurt by Wall Street"

Christopher Scott | Posted 05.25.2011 | Denver
Christopher Scott

I think Bennet's latest piece of propaganda is an attempt to address the negative press he is starting to receive as a result of his dealings as DPS superintendent.

Does Size Matter? Simon Johnson vs. Paul Krugman on Whether to Break Up "Too Big to Fail" Banks

Miles Mogulescu | Posted 05.25.2011 | Business
Miles Mogulescu

Paul Krugman and Simon Johnson are two of my favorite economic commentators, but when it comes to the issue of breaking up mega-banks, they take dramatically opposing positions.

Can Harry Reid Deliver?

Chris Weigant | Posted 05.25.2011 | Politics
Chris Weigant

Given that Harry Reid's Senate is not exactly known for moving with blinding speed, one has to wonder whether Harry Reid can deliver on some of these big issues before the midterm elections or not.

Friday Talking Points [127] -- Letting A Crisis Go To Waste

Chris Weigant | Posted 05.25.2011 | Politics
Chris Weigant

President Barack Obama's administration was supposed to follow a basic premise: never let a crisis go to waste. That was according to one of his own ...

Shahien Nasiripour

ANOTHER Fed Official Says Senate Bill Doesn't End 'Too Big To Fail' | Shahien Nasiripour | Posted 05.25.2011 | Business

The Senate financial reform bill serving as the base text for Congressional negotiations doesn't end the perception that the nation's largest financia...

Shahien Nasiripour

Regional Fed Chiefs Lining Up To Support Tough Derivatives Provision, Obama Admin. Still Opposed | Shahien Nasiripour | Posted 05.25.2011 | Business

Another top Federal Reserve official offered his support this week to a Senate provision that would force megabanks to spin off their lucrative and ri...

Big Banks Make Desperate Last Ditch Effort to Weaken Wall Street Reform

Robert Creamer | Posted 05.25.2011 | Politics
Robert Creamer

Big Bank lobbyists would love to stick a shiv in important provisions of the financial bill as quietly as possible. Unfortunately for them, the Democratic leadership has done everything it can to make quiet back room dealing difficult.

Ryan Grim

Frank: 'Conceptual Agreement' Reached On Tougher Volcker Rule | Ryan Grim | Posted 05.25.2011 | Politics

The House and Senate have reached "conceptual agreement" on strengthening what's known as the Volcker Rule in the Wall Street reform bill, House Finan...

SIMON JOHNSON Will Obama Push For Financial Stability?

New York Times | Posted 05.25.2011 | Business

The official reconciliation process between Senate and House financial-regulation bills will begin next week, but the behind-the-scenes maneuvering an...

Wall Street Reform Conference Committee Membership Announced

Chris Weigant | Posted 05.25.2011 | Politics
Chris Weigant

The Wall Street reform effort enters a new phase on Thursday, as the conference committee between the House and Senate will meet to begin hashing out the differences between the House and Senate versions which have already passed.

Shahien Nasiripour

Former Top Fannie Mae Execs Grilled On Compensation, Lobbying Of Congress (VIDEO) | Shahien Nasiripour | Posted 05.25.2011 | Business

Scroll down for video The panel created by Congress to investigate the roots of the financial crisis grilled former top officials at Fannie Mae on Fr...

Shahien Nasiripour

Rep For Foreign Bankers Physically Restrains HuffPost Reporter From Questioning Treasury Official | Shahien Nasiripour | Posted 05.25.2011 | Business

A representative for a foreign bankers group forcefully prevented the press -- and physically restrained a Huffington Post reporter -- from attempting...

Ryan Grim

Swipe Fee Amendment Hated By Credit Cards Will Remain In Wall Street Bill, Says Dodd | Ryan Grim | Posted 05.25.2011 | Business

A provision despised by credit card companies will remain in the final Wall Street reform bill that emerges from conference committee negotiations, Se...

Shahien Nasiripour

Goldman Sachs Withholding Key Info; Financial Crisis Panel Issues Subpoena | Shahien Nasiripour | Posted 05.25.2011 | Business

This post was updated at 7:30 p.m. ET. Referring to its conduct as "abysmal," "unacceptable," "egregious," and "disturbing," the federal panel crea...