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Brown Kaufman Bill

Paul Volcker: 'The Savior Of Wall Street'

The New Republic | Noam Scheiber | Posted 05.25.2011 | Business

But then something unforeseen happened: Legendary Fed Chairman Paul Volcker, a hero to Wall Street reformers and scourge of megabanks, penned a letter...

Brown-Kaufman Amendment: The State Of Play

Simon Johnson | Posted 05.25.2011 | Business
Simon Johnson

The supporters of big banks will go down hard in November and in 2012; there are no secrets over this kind of time frame. But by then it will be too late for this cycle of financial reform.

Those Opposed to Breaking Up the Banks Receive Double the Funds from Industry

Tiffiniy Cheng | Posted 05.25.2011 | Politics
Tiffiniy Cheng

We're conducting a whip count on the SAFE Banking Act amendment to the financial reform bill right now. You can help.

Defenders of Power and Wealth

Mike Lux | Posted 05.25.2011 | Politics
Mike Lux

I think everyone deserves a chance to defend themselves, no matter how low-life, greedy, scummy, and immoral they may actually be. So I'm glad that Lloyd Blankfein is doing a lot of complaining these days.

You Can Help Break up Too Big to Fail Mega-Banks: Here's How

Miles Mogulescu | Posted 05.25.2011 | Politics
Miles Mogulescu

Representatives Sherrod Brown and Ted Kaufman have introduced the "Safe Banking Act" which would put a hard cap of 3% of Gross Domestic Product on the assets of all bank holding companies.

Who Will Your Senator Stand With Now?

Dylan Ratigan | Posted 05.25.2011 | Politics
Dylan Ratigan

Once again, this financial "reform" process has brought into the light our politicians' brazen willingness to aid the same fraudsters who have brought a great nation to its knees.

Massachusetts Voters Take Over Sen. Scott Brown's Office

Sally Kohn | Posted 05.25.2011 | Politics
Sally Kohn

A hundred-plus everyday folks from Massachusetts paid a visit to their newly-elected Senator to ask him to live up to his "big tent" promises.

Senator Kaufman Was Right - Our Financial System Has Become Dangerous

The Baseline Scenario | Simon Johnson | Posted 05.25.2011 | Business

Senator Ted Kaufman (D, DE) is best known these days for arguing that, as part of comprehensive financial reform efforts, our biggest banks need to be...