Wall Street: the Real Roadblock to Economic Recovery
When I think about what still needs to be done to build a true economic recovery, I think about workers such as Maria Guerra.
When I think about what still needs to be done to build a true economic recovery, I think about workers such as Maria Guerra.
Norman I. Silber | Posted 11.02.2009 | Business
Regulators appear to have placed a higher value on protecting the interests of those who sell financial products than on the interests of consumers of transparent, safe, and fair financial products.
HuffingtonPost.com | Ryan Grim | Posted 10.27.2009 | Politics
The person leading a regulatory agency is often more important than the structure and the scope of its powers. Think of Alberto Gonzales or Elliot Spi...
HuffingtonPost.com | Shahien Nasiripour | Posted 10.26.2009 | Business
As the American Bankers Association gathers for its annual convention in Chicago amid hundreds of protesters, and sets off to kill or at least defang ...
HuffingtonPost.com | Shahien Nasiripour | Posted 10.23.2009 | Business
The Obama administration on Friday strongly praised a House committee's vote to create a new federal consumer financial protection agency, despite the...
Steve Parker | Posted 10.22.2009 | Business
The House Financial Services Committee approved a key amendment Thursday, 47-21, to keep automobile dealers exempt them from a new government consumer protection agency.
HuffingtonPost.com | Ryan Grim and Jason Linkins | Posted 10.22.2009 | Politics
Jason Linkins contributed to this story. As Members of Congress debate the most sweeping reform of the financial industry in decades, some are workin...
HuffingtonPost.com | Jeff Muskus | Posted 10.22.2009 | Politics
The proposed Consumer Financial Protection Agency took another step forward Thursday in the House, moving out of the Financial Services Committee -- a...
Mike Elk | Posted 10.20.2009 | Politics
Because exempting so many banks from regulation is highly unpopular, members of Congress don't want voters to know that they voted for such ridiculous measures.
HuffingtonPost.com | Ryan Grim | Posted 10.19.2009 | Politics
In a major defeat for Wall Street banks, Rep. Melissa Bean (D-Ill.) has decided to withdraw an amendment that divided Democrats as they seek to impose...
Mike Elk | Posted 10.15.2009 | Business
Democratic Congresswoman Melissa Bean is earning the title of Wall Street's favorite Democrat. The leader in the New Democrat Coalition has pocketed almost $2.2 million from the banking and financial services interests.
Trey Ellis | Posted 10.15.2009 | Politics
To re-energize the angry many that elected him, Obama needs to publicly bar representatives of the powerful few from the White House until they agree, concretely, to better serve the angry many.
The Huffington Post | Jenna Staul | Posted 10.14.2009 | Business
Lobbyists are honing in today on the House Financial Services Committee, which will begin marking up legislation on the controversial Consumer Financi...
Dave Johnson | Posted 10.13.2009 | Business
This post originally appeared at Campaign for America's Future (CAF) at their Blog for OurFuture as part of the Making It In America project. I am a ...
HuffingtonPost.com | Shahien Nasiripour | Posted 10.09.2009 | Business
President Barack Obama reaffirmed his commitment Friday to allowing states to adopt stronger consumer protection measures than the federal government ...
HuffingtonPost.com | Shahien Nasiripour and Jeff Muskus | Posted 09.30.2009 | Business
In a move sure to delight bankers, the top Republican on the House Financial Services Committee on Wednesday called the Obama administration's plan fo...
Washington Post | Simon Johnson and James Kwak | Posted 09.29.2009 | Politics
The next couple of months will be crucial in determining the shape of the financial system for decades to come. And so far, the signs are not encourag...
HuffingtonPost.com | Ryan Grim | Posted 09.28.2009 | Politics
A keystone of Obama's Wall Street reform agenda is getting support from the unlikeliest of corners. Alan Greenspan, an acolyte of Ayn Rand and extreme...
McClatchy | Kevin G. Hall | McClatchy Newspapers | Posted 09.24.2009 | Politics
If you doubt that U.S. banks long to return to the days of impotent regulation, you need only look at one of the financial sector's top legislative pr...
Yahoo! News | Kevin Drawbaugh | Posted 11.23.2009 | Business
WASHINGTON (Reuters) -- The Congress' chief author of financial regulatory reform moved on Tuesday to kill the most controversial part of an Obama adm...
HuffingtonPost.com | Ryan Grim | Posted 11.21.2009 | Politics
Backers of President Obama's cornerstone financial regulatory reform proposal pushed back Monday against the Blue Dog Coalition, which is promoting a ...
Marshall Auerback | Posted 11.17.2009 | Business
For all of the lofty talk about establishing "the most ambitious overhaul of the financial system since the Great Depression," Obama's reforms amount to nothing more than a reshuffling of the deckchairs on the Titanic.
Tom Donohue | Posted 11.08.2009 | Business
Creating the Consumer Financial Protection Agency to deal with consumer finance issues makes about as much sense as dictating the sizes, flavors, and temperature of coffee because a few consumers spilled their beverages and were burned.
Elizabeth Warren | Posted 10.19.2009 | Business
The big banks are storming Washington, determined to kill the Consumer Financial Protection Agency. But there is an even bigger change in the wind: regulating the non-banks.
Anna Burger | Posted 11.02.2009 | Business