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Michael Barr

Treasury Officials Weighing Options To Avoid Default

Reuters | Richard Cowan, Rachelle Younglai, Tim Reid and Caren Bohan | Posted 09.05.2011 | Business
Read More: 14th Amendment, Treasury Department, Debt Ceiling, Debt Talks, Federal Reserve, Federal Reserve Bank of New York, New York Federal Reserve Bank, Michael Barr, United-States-Treasury-Department, Treasury-Officials, Richard Gregg, Tim Geithner, Debt Limit, Debt Negotiations, Timothy Geithner, Mary Miller, Government Accountability Office, Business News

By Richard Cowan, Rachelle Younglai, Tim Reid and Caren Bohan WASHINGTON (Reuters) - A small team of U.S. Treasury officials is discussing opti...

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Big Banks Want Fannie And Freddie's Government Backing

The Huffington Post | Yepoka Yeebo | Posted 05.25.2011 | Business
Read More: Goldman Sachs, Mortgages, Treasury Department, Freddie Mac, Morgan Stanley, Credit Suisse, Wells Fargo, Fannie Mae, Gse, Michael Barr, Business News

As the government struggles to revamp Fannie and Freddie, big banks are trying to capitalize on changes to the government sponsored enterprises. Trea...

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White House To Lose Two Top Economic Aides

Wall Street Journal | Damian Paletta | Posted 05.25.2011 | Business
Read More: Business News, Michael Barr, White House Economic Aids, Obama Administration Economic Aides, Top Economic Aids, Diana Farrell, Business News

WASHINGTON--Two more of the Obama administration's top economic advisers are departing at a time when the White House is facing growing opposition to ...

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Shahien Nasiripour

Obama Team On Furor Over Foreclosures: 'Problem For The Banks and Servicers To Fix'

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business
Read More: Foreclosure Crisis, The Financial Fix, Obama Foreclosures, Mortgage Crisis, Financial Crisis, Foreclosure, Shaun Donovan, Michael Barr, Business News

This story was updated at 10:00 p.m. ET to include additional information from a Treasury spokesman. U.S. Housing and Urban Development Secretary Sha...

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Shahien Nasiripour

Barney Frank: Elizabeth Warren Should Head CFPB, By Recess Appointment If Necessary

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business
Read More: Elizabeth Warren, The Financial Fix, Barney Frank, Cfpa, Michael Barr, Consumer Financial Protection Bureau, David Axelrod, Consumer Financial Protection Agency, Cfpb, Financial Crisis, Timothy Geithner, Consumer Protection, Business News

If President Obama fears Elizabeth Warren won't be confirmed by the Senate to head the new Consumer Financial Protection Bureau, he should just appoin...

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Shahien Nasiripour

Obama Admin Praises Elizabeth Warren But States 'There Are Other Candidates As Well' To Lead CFPB

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business
Read More: Financial Crisis, The Financial Fix, Elizabeth Warren, Cfpa, Cfpb, Consumer Financial Protection Agency, Consumer Financial Protection Bureau, Barack Obama, David Axelrod, Michael Barr, Timothy Geithner, Financial Regulation, Wall Street Reform, Financial Reform, Video, Business News

Top Obama administration officials rushed to praise leading consumer advocate and bailout watchdog Elizabeth Warren on Friday as being "exceptionally ...

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Consumer Agency's Path Will Be Set By First Chief

Wall Street Journal | Posted 05.25.2011 | Business
Read More: Lori Swanson, Fed, Elizabeth Warren, Susan Wachter, Consumer Rights, Federal Reserve, Martha Coakley, Michael Barr, Consumer Financial Protection Bureau, Consumer Financial Protection Agency, Cfpa, Consumer Protection, Lisa Madigan, Business News

More than 400 pages of legislation detail the duties and powers of the Consumer Financial Protection Bureau that Congress is set to create. But the fi...

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Shahien Nasiripour

Obama's Treasury Dept Working To Defeat Derivatives Proposal 'Of Utmost Importance' To Reforming Wall Street

HuffingtonPost.com | Shahien Nasiripour | Posted 06.14.2010 | Business
Read More: Derivatives, Neal Wolin, Financial Reform, Swaps, Barney Frank, Wall Street Reform, Christopher Dodd, Collin Peterson, Paul Volcker, Michael Barr, Megabanks, Blanche Lincoln, Richard Fisher, Financial Crisis, Timothy Geithner, Thomas Hoenig, Financial Regulation, Business News

A Senate proposal to force banks to shed their lucrative yet risk-laden derivatives units -- which is vehemently opposed by Wall Street -- is gaining ...

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Obama Admin Too Busy To Deal With Fannie, Freddie, Says Assistant Treasury Secretary

washingtonpost.com | Zachary A. Goldfarb | Posted 05.25.2011 | Business
Read More: Treasury Department, Freddie Mac, Mortgage Crisis, Financial Crisis, Obama Administration, Fannie Mae, Fannie Mae Freddie Mac Bailout, Gses, Freddie Mac Takeover, Michael Barr, Government-Sponsored-Entities, Fannie Mae Takeover, Business News

The Washington Post reports that according to Michael Barr, the assistant Treasury secretary for financial institutions, the Treasury Department has b...

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Mortgage Principal Reduction: Why "Re-Equifying" Borrowers Could Exacerbate The Mortgage Mess

WSJ | James R. Hagerty | Posted 05.25.2011 | Business
Read More: Goldman Sachs, Michael Barr, Mortgage Crisis, Obama Mortgage Crisis, Tom Capasse, Mortgage Principal Reduction, Loan Modifications, Strategic Defaults, Re-Equify, Business News

Many critics of the Obama administration's mortgage loan-modification program say it won't work because it doesn't do enough to address "negative equi...

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Shahien Nasiripour

Obama Foreclosure Plan Falling Far Short Of Targets

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business
Read More: Tarp, Foreclosures, Loan Modification, Mortgage Modification, Phyllis Caldwell, Making Home Affordable, Loan Mods, Barclays, Michael Barr, Hamp, Bailout, Barack Obama, Diane Thompson, Home Affordable Modification Program, Financial Crisis, Business News

The Obama administration disclosed on Friday that it has made little progress in helping struggling homeowners attain long-term relief under its signa...

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Shahien Nasiripour

Obama Administration Praises Consumer Protection Bill, Deflects Criticism Of Loopholes

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business
Read More: Cfpa, Treasury Department, Financial Crisis, Consumer Protection Agency, Timothy Geithner, Consumer Financial Protection Agency, President Obama, Michael Barr, Business News

The Obama administration on Friday strongly praised a House committee's vote to create a new federal consumer financial protection agency, despite the...

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Obama Tries To Shame Mortgage Industry Into Helping Homeowners

AP | ALAN ZIBEL | Posted 05.25.2011 | Business
Read More: Loan Modifications, Mortgage Modification, Foreclosure, Mortgage-Servicers, Michael Barr, Business News

WASHINGTON — The Obama administration wants to shame the mortgage industry into doing a better job of helping borrowers avoid losing their homes...

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