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Bank Lobbyists

Mark Gongloff

No Bank Lobbies Harder Than JPMorgan

HuffingtonPost.com | Mark Gongloff | Posted 05.31.2013 | Business

When it comes to working the refs, no bank works harder than JPMorgan Chase. The biggest U.S. bank by assets spent $8 million lobbying Congress on ...

Wall Street Helping Congress Write Financial Regulation Bills

nytimes.com | Posted 05.26.2013 | Business

WASHINGTON -- Bank lobbyists are not leaving it to lawmakers to draft legislation that softens financial regulations. Instead, the lobbyists are helpi...

Ben Hallman

Wall Street Gifts, NASCAR Perk Sneaked Into Fiscal Cliff Deal

HuffingtonPost.com | Ben Hallman | Posted 01.04.2013 | Business

The 11th-hour deal to avert the so-called fiscal cliff preserved billions of dollars in corporate tax giveaways even as it slashed take-home pay for m...

Simon Johnson: The Big Banks Fight On

The New York Times | SIMON JOHNSON | Posted 08.15.2011 | Business

The bank lobbyists have a problem. Last week, they lost a major battle on Capitol Hill, when Congress was not persuaded to suspend implementation of t...

Big Banks Plan Sneak Attack on Wall Street Reform Law Within Days

Robert Creamer | Posted 05.25.2011 | Business
Robert Creamer

The financial sector does not make anything. Its goal is to take a little piece of every transaction as money flows through its hands, and in the coming days Wall Street will fight to continue this practice in its harshest form.

Zach Carter

Senators Back Delay In Crackdown On Fees That Yield Billions For Banks

HuffingtonPost.com | Zach Carter | Posted 05.25.2011 | Politics

WASHINGTON -- On Tuesday, a group of nine senators led by Montana Democrat Jon Tester put their names behind legislation to delay the Federal Reserve'...

Vikram Pandit Has No Clothes

Simon Johnson | Posted 05.25.2011 | Business
Simon Johnson

Vikram Pandit heads Citigroup, one of the world's largest and most powerful banks. He's a smart individual -- why then does he advance such obviously specious arguments? The answer is straightforward: he can get away with it.

Backdoor Bailout, Tea Party Fakeout: The GOP's Secret $90 Billion Gift to Wall Street

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

GOP candidates are making a point of running against "bailouts." Yet even as they rail about rescuing big banks, they're working on a plan that would slip those same banks an estimated $90 billion.

Elizabeth Warren Meets With Bank Lobbyists

washingtonpost.com | Posted 05.25.2011 | Business

Elizabeth Warren, a top candidate to lead the new Bureau of Consumer Financial Protection, met quietly last week with some of her sharpest critics: bi...

SIMON JOHNSON The Bank Lobbyists Are Wrong: Why Higher Capital Standards Are Needed

New York Times | Simon Johnson | Posted 05.25.2011 | Business

At one level, the pursuit of higher and more robust capital requirements for banks is not going well. The United States Treasury insisted, throughout ...

The Senate Should Debate "Too Big to Fail" On Live Television

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

It's always so much easier to cut deals in the backroom, isn't it? That way politicians don't have to be held accountable for their actions. The bank lobby is clearly frightened of the democratic process... and it should be.

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 ...

Financial Reform: Bank Lobby Gathers To Fight Dodd's Bill

washingtonpost.com | Brady Dennis and Steven Mufson | Posted 05.25.2011 | Business

The bankers soon headed to Capitol Hill, talking points in hand -- white folder for House visits, blue folder for Senate visits. They were to protest ...

Ryan Grim

Summers Hits Boehner, Defends 'Little Punk Staffers'

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011 | Politics

On Thursday, White House senior adviser Larry Summers came to the defense of "punk staffers" trying to write new financial regulatory reform legislati...

Jason Linkins

The Taxpayer-Funded Cycle Of Moral Hazard

HuffingtonPost.com | Jason Linkins | Posted 05.25.2011 | Business

The obvious problem with the all-carrots-no-sticks approach to the bank bailout is that it's done a lot to strip risk and consequence out of the finan...

Elizabeth Warren: It's Bank Lobbyists vs. American Families In Fight For Financial Reform

Posted 05.25.2011 | Business

Elizabeth Warren appeared on "Real Time With Bill Maher" Friday evening to discuss financial reform. Warren, the chair of the Congressional Oversight...

Arthur Delaney

Melissa Bean: A Democrat Bankers Bank On

HuffingtonPost.com | 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...

Watchdog's Fate In Senate Key To Financial Reform

Reuters | Posted 05.25.2011 | Politics

The tag on U.S. financial regulation reform may as well say "Made on Wall Street" if bank lobbyists manage to gut the Obama administration's proposed ...

Citigroup Taxpayer Ownership Doesn't Prevent Lobbying

Bloomberg.com | Jonathan D. Salant and Lizzie O’Leary | Posted 05.25.2011 | Business

Citigroup Inc., which has yet to repay $45 billion in federal assistance, has more lobbyists than any other company who registered to try to shape leg...

Ryan Grim

Bank Lobbyists Launch 'Call To Action' To Crush Financial Reform (MEMO)

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011 | Business

The American Bankers Association issued a "Call to Action" on Wednesday, urging its lobbyists and member banks to make an all-out effort to crush regu...

Melissa Bean Helps Banks Gut Bill to Limit TARP Bonuses

Jane Hamsher | Posted 05.25.2011 | Politics
Jane Hamsher

The New Democrats and the Blue Dogs made good on their threats to join with Republicans to block legislation that would limit the payment of TARP bonuses. Score one for the banks.