iOS app Android app

Dodd Frank Act

Zach Carter

Chris Dodd Warns That It's Not Just Leftists Who Hate The Banks Now

HuffingtonPost.com | Zach Carter | Posted 07.16.2014 | Politics

WASHINGTON -- The rise of anti-corporate conservatives is a significant threat to the American banking establishment, according to former Sen. Chris D...

Obama Says 'Further Reforms' Needed To Rein In Wall Street

The Huffington Post | Igor Bobic | Posted 07.03.2014 | Politics

President Barack Obama believes additional reforms are needed to rein in the excesses of Wall Street some six years after the financial crisis plunged...

Zach Carter

House Passes Bill To Aid Koch Brothers, Deregulate Wall Street

HuffingtonPost.com | Zach Carter | Posted 06.25.2014 | Politics

WASHINGTON -- The U.S. House of Representatives on Tuesday passed a financial deregulation package that would benefit the Koch brothers and the nation...

Zach Carter

How Democrats Are Accidentally Helping The Koch Brothers

HuffingtonPost.com | Zach Carter | Posted 06.10.2014 | Politics

WASHINGTON -- Over the past two years, House Majority Leader Eric Cantor (R-Va.) has repeatedly wrestled with factions of his own party as he tries to...

Zach Carter

How House Democrats Are Caving On Key Mortgage Rules

HuffingtonPost.com | Zach Carter | Posted 06.10.2014 | Politics

WASHINGTON -- House Republican leaders Eric Cantor and John Boehner are about to secure the passage of a bill that chips away at consumer mortgage pro...

Zach Carter

How The Congressional Black Caucus Went To War With Itself Over Wall Street

HuffingtonPost.com | Zach Carter | Posted 05.28.2014 | Politics

Gwen Moore does not seem like anybody's idea of a corporate stooge. The Milwaukee Democrat, a single mom who once survived on welfare, has sponsored e...

Zach Carter

How Warren Buffett Would Cash In On Mobile Home Deregulation

HuffingtonPost.com | Zach Carter | Posted 05.22.2014 | Politics

WASHINGTON -- Warren Buffett's Berkshire Hathaway conglomerate owns the two dominant lenders in the mobile home business -- 21st Mortgage Corp., and V...

VA Releases Interim Rule On Qualified Mortgages

Chris Birk | Posted 07.15.2014 | Business
Chris Birk

Under the interim rule, all purchase and refinance loans that receive a VA guaranty would be classified as safe harbor Qualified Mortgages, except for certain VA Streamline refinance loans.

A 10-Step Guide to Whistleblowing

Adam Resnick | Posted 04.20.2014 | Business
Adam Resnick

1. Shut up and get a good lawyer, fast. You can complain about the fraud internally, but we all know how that usually ends. Once you identify a fra...

Regulators Trim Portion Of Volcker Rule After Banks Complain

Reuters | Emily Stephenson | Posted 01.25.2014 | Business

WASHINGTON (Reuters) - Five U.S. bank regulatory agencies on Tuesday approved a tweak to the Volcker rule that would allow banks to keep interests in ...

What the New Qualified Mortgage (QM) Regulations Mean for VA Loans

Chris Birk | Posted 03.10.2014 | Money
Chris Birk

Service members, veterans and military families across the country are starting to worry about how these changes and how this new classification of mortgages might impact their ability to use their VA home loan benefits. Here's the good news: You have nothing to worry about.

Today's Bank Bailout Risk: Why Didn't We Stop This?

Janet Tavakoli | Posted 02.21.2014 | Business
Janet Tavakoli

The U.S. did not enforce existing securities laws, so no one should have confidence that new Dodd-Frank rules will have any meaningful impact. The U.S. banking system seems to have captured its regulators, Congress and the Treasury.

The Volcker Rule's Biggest Myth

The Huffington Post | Mark Gongloff | Posted 01.25.2014 | Business

They're already starting to complain about it, those banks and the people who love them: The Volcker Rule, the new restriction about to be slapped on ...

House Hands Banks Huge Victory

Reuters | Douwe Miedema and Emily Stephenson | Posted 10.31.2013 | Politics

WASHINGTON, Oct 30 (Reuters) - The U.S. House of Representatives voted on Wednesday to scale back a much-debated provision of the Dodd-Frank Wall Stre...

4 Reasons the SEC's New Ratio Test Will Not Decrease CEO Pay

Avi Sinensky | Posted 12.21.2013 | Business
Avi Sinensky

This proposal -- like some of the other rules implemented under Dodd-Frank -- will do little to accomplish the desired effect of narrowing the gap between employee compensation and executive compensation. If anything, it may have the opposite effect.

Whistleblower Awarded Largest SEC Payout Ever

Reuters | Posted 10.01.2013 | Business

WASHINGTON, Oct 1 (Reuters) - U.S. securities regulators announced Tuesday they have awarded a record $14 million to a whistleblower who helped enforc...

Mississippians Report Financial Challenges to Consumer Protection Bureau

Bill Bynum | Posted 11.24.2013 | Impact
Bill Bynum

A big obstacle is the closing of bank branches in small towns and low-income neighborhoods. "When the bank told us they were leaving in five weeks, it set off a small panic," said Kenneth Broome, the mayor of Utica, Miss.

Out of the Mouths of Babes

John Hasnas | Posted 11.17.2013 | College
John Hasnas

Perhaps the solution to some political problems really are so obvious that even a child can see them. It is too bad that this does not guarantee that they will also be perceived by our elected representatives.

Failing Up to the Fed, A Reporters' Guide to the Paper Trail Surrounding Larry Summers

Mary Bottari | Posted 11.03.2013 | Politics
Mary Bottari

For journalists who are being told what a brilliant man and insightful regulator Larry Summers was behind the scenes, here are a few items from his public record you might want to review.

Community Banks Are Failing; Pawnshops Are Growing

Tanya D. Marsh | Posted 10.25.2013 | Business
Tanya D. Marsh

Five years after the failure of Lehman Brothers, the mega banks have rebounded, community banks that serve vulnerable niches of American consumers, and which played no role in causing the Financial Crisis, are failing, and non-traditional lenders are expanding.

Obama Urges Renewed Focus On Wall Street Reform

AP | JIM KUHNHENN | Posted 08.20.2013 | Politics

WASHINGTON -- Passage of a sweeping overhaul of Wall Street regulations in 2010 was a hallmark of President Barack Obama's first term. Three years lat...

Obama Feels 'Urgency' Over Key Wall Street Reforms

Reuters | Posted 10.19.2013 | Politics

WASHINGTON, Aug 19 (Reuters) - President Barack Obama plans to communicate a "sense of urgency" about finishing new rules for Wall Street when he me...

Obama To Meet With Financial Regulators Over Wall Street Reform Law

Reuters | Posted 10.18.2013 | Politics

By Sarah N. Lynch WASHINGTON, Aug 18 (Reuters) - President Barack Obama will sit down with the leading U.S. financial market regulator...

Move Your Money Lives On; Teaching Bank Transparency

Dennis Santiago | Posted 09.22.2013 | Business
Dennis Santiago

Ordinary people are still just important to being the driving force for free market discipline today as they were in 2009. You can never have too much transparency when looking at "boring banks."

Why Wall Street Reformers Can't Win (In 1 Chart)

The Huffington Post | David Winograd | Posted 07.22.2013 | Business

Based on this chart, we'd say that the banks are working a lot harder on financial reform than the reformers. The result: Not a lot of financial re...