Financial Services Committee

Ryan Grim

Rep. Jackie Speier's Tough Bank Amendment Passes With Room Nearly Empty

HuffingtonPost.com | Ryan Grim | Posted 11.20.2009 | Politics


Don't sleep on Jackie Speier. The freshman Democrat from California came into the House Financial Services Committee room Thursday ready to fight for ...

Shahien Nasiripour

Barney Frank: No More Secret Agreements Between Regulators and Banks

HuffingtonPost.com | Shahien Nasiripour | Posted 10.29.2009 | Business


Updated at 7:45 p.m. ET Every action taken by federal regulators against large, systemically-important financial firms -- those commonly referred to ...

Brad Sherman: Finance Safeguards An Executive Power Grab, "TARP On Steroids"

Washington Independent | Mike Lillis | Posted 10.28.2009 | Politics


In the wake of the recent financial meltdown, it sounds like a reasonable idea: A proposal granting the White House broad new authority to take over w...

A Reasonable Case For Regulation

Rep. Jackie Speier | Posted 10.26.2009 | Politics


Rep. Jackie Speier

How would you feel if you discovered that a highly-rated bond received its grade not because the company is strong, but because the rating agency assumed the government would bail the company out?

Wall Street Follies: The Next Act

New York Times | GRETCHEN MORGENSON | Posted 10.25.2009 | Politics


It certainly sounded good. Hoping, perhaps, to persuade a dubious public that curbing reckless business practices is indeed a Washington priority, t...

House Panel Says States Can Protect Consumers

AP | ANNE FLAHERTY | Posted 10.22.2009 | Politics


WASHINGTON — The House Financial Services Committee agreed Wednesday to ensure states can impose their own tough consumer protection laws agains...

Frank Rich: Goldman Can Spare You A Dime

New York Times | FRANK RICH | Posted 10.17.2009 | Business


As leader of the Wall Street pack, Goldman declared surging profits, keeping it on track to dispense a record $23 billion in bonuses for 2009. But mos...

Exceptions To Derivatives Trading Rule Dilute Regulation

New York Times | GRETCHEN MORGENSON | Posted 10.17.2009 | Business


Derivatives regulation has been on the nation's financial reform agenda for months. Undoing the Clinton-era law that exempted swaps from oversight is ...

Michael Hirsh: Barney Frank's Derivatives Bill "Too Hard To Understand"

Newsweek | Michael Hirsh | Posted 10.16.2009 | Business


Thanks to weeks of intense pressure from Wall Street banks and their customers in corporate America, the bill that was approved on Thursday by Rep. Ba...

Ryan Grim

Frank Bites Back, Demands Retraction Of Blue Dog Comments In Politico

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 ...

If Not Health Care Reform...

Harry Moroz | Posted 08.24.2009 | Politics


Harry Moroz

The Obama administration is currently losing its argument for the CFPA. It is suffering under some of the same criticisms as its health care reform plan: in particular, that choice will be limited by minimum regulatory standards.

Ryan Grim

Under Wall Street Pressure, House Dems Punt On Reform

HuffingtonPost.com | Ryan Grim | Posted 08.21.2009 | Politics


Intense lobbying pressure from Wall Street has slowed the progress of a major piece of financial regulatory reform legislation. Financial Services Com...