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Wall Street Reform

Wall Street Got $26.7 Billion In Bonuses Last Year. That's Enough To Feed Every Hungry American

The Huffington Post | Andy McDonald | Posted 04.04.2014 | Impact

That's a lot of money, and it could solve a lot of problems.

Zach Carter

The Worst Response Yet To The New Michael Lewis Book

HuffingtonPost.com | Zach Carter | Posted 04.01.2014 | Politics

WASHINGTON -- Author Michael Lewis and other critics of high-frequency trading are wrong, because computers. That's the upshot of some new talking ...

Oscar React: The Real 'Wolfs of Wall Street' Are Still Roaming Free

Dennis M. Kelleher | Posted 03.03.2014 | Business
Dennis M. Kelleher

To the extent that the movie implies that this relatively small time hustler was Wall Street's biggest, worst, most notorious or even a representative wolf of Wall Street, Leonardo DiCaprio and Martin Scorcese are howling up the wrong tree.

Hey Ivy League--You Banned R.O.T.C., So Why Not Wall Street?

Laura Newland | Posted 03.23.2014 | College
Laura Newland

Five years after the economic collapse, we are still waiting for someone to hold Wall Street accountable, and some colleges are in a position to make an impact by cutting off the banks' talent supply.

'Green Shoots': The Year in Wall Street Reform

Richard (RJ) Eskow | Posted 02.21.2014 | Politics
Richard (RJ) Eskow

Local politicians are taking on the big banks. Candidates for major office are adopting populist themes. But it starts at the bottom, not the top, with activists who engage with and crystallize the public's desire for justice.

We Have Met the Enemy and She Is Old

Richard (RJ) Eskow | Posted 02.12.2014 | Politics
Richard (RJ) Eskow

When did older people become the enemy? Last week a judge ruled that Detroit could move forward with its plan to cut pensions for retired city workers. This week Washington is celebrating a budget deal which harms older people economically in several ways.

Zach Carter

Jeff Merkley Wants You To Know He Stood Up To Wall Street

HuffingtonPost.com | Zach Carter | Posted 01.25.2014 | Politics

WASHINGTON -- Sen. Jeff Merkley (D-Ore.) told HuffPost that he sees the finalization of regulation that banned Wall Street speculation with taxpayer m...

Controversial Wall Street Reform Rule Nearing Completion

Reuters | Posted 01.25.2014 | Business

By Douwe Miedema NEW YORK, Nov 18 (Reuters) - The head of the U.S. swaps regulator said on Monday he would share a draft of the Volcke...

Dear Banks: 'Giving Back' in Philanthropy Is Fine, But Also Give Us Back a Financial System We Can Trust

Carla Seaquist | Posted 01.23.2014 | Business
Carla Seaquist

A plea to the banks: Do "give back" in philanthropy. But also, please: Give us back a financial system that we can trust. Less penance after the fact, more virtue before. It will make for better business and for honest philanthropy.

Ryan Grim

House Democrats Twist History To Push Rollback Of Wall Street Reform

HuffingtonPost.com | Ryan Grim | Posted 10.30.2013 | Politics

WASHINGTON -- Lobbyists and House Democrats working to roll back a key provision of Wall Street reform are taking liberties with the truth as they mak...

How Wall Street Devoured the Recovery

Les Leopold | Posted 11.20.2013 | Business
Les Leopold

Our new economic era is characterized by the supremacy of financial capital which vacuums up the productive wealth of the nation, and then uses the nation's wealth as an insurance policy to pay for its inevitable losses.

Why the American Economy Is a House of Cards

Sanjay Sanghoee | Posted 11.19.2013 | Business
Sanjay Sanghoee

The American economy today is a house of cards, wherein each added layer of cards at the top increases the pressure on the lower tiers and threatens the stability of the entire structure.

Government Agencies Foster Unfair Economic Advantages

Alika Parks | Posted 11.09.2013 | Hawaii
Alika Parks

Whether you applaud his efforts in casting a light on the dark inner workings of the uber-secret NSA and their surveillance apparatus, or if you feel that he deserves the special moniker of 'terrorist' for shining such a light, either position glosses over a problematic issue that hasn't been brought up to my knowledge and needs to be addressed, at least to those concerned with some semblance of fair play in our U.S. economy.

Zach Carter

Looks Like Larry Summers Nomination Doesn't Appeal To Religious Groups, Either

HuffingtonPost.com | Zach Carter | Posted 09.05.2013 | Politics

WASHINGTON -- A coalition of 60 national and local religious organizations sent a letter to President Barack Obama on Wednesday urging him to appoint ...

Congress Can No Longer Take Wall Street Money and Ignore the Damage It Does

David Paul | Posted 10.25.2013 | Business
David Paul

The power amassed by the finance industry over the past quarter century is not simply a function of the corrupting power of its political contributions, but rather its success in the creation of a belief system within the halls of power.

Why Jamie Dimon Should Resign as CEO of JPMorgan Chase

Sanjay Sanghoee | Posted 10.22.2013 | Business
Sanjay Sanghoee

There are simply too many questions about the ethics of this bank and its CEO to be ignored anymore. At the very least, a major house cleaning should be on the agenda to move forward.

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...

False Arrest: Does the Revolving Door Make Wall Street Reform Impossible?

Sanjay Sanghoee | Posted 10.13.2013 | Business
Sanjay Sanghoee

Where these people will go after government is hard to predict, but the odds are pretty high that they will return to their corporate, and highly profitable, roots.

Four Questions for Fed Chair Candidates

Sen. Bernie Sanders | Posted 10.11.2013 | Politics
Sen. Bernie Sanders

The next Fed chair will have an opportunity to get our economy back on track and to help rebuild America's middle class. But that will require the right temperament and a willingness to take on Wall Street CEOs when necessary.

Zach Carter

Obama: Larry Summers Would Make Excellent Fed Chair

HuffingtonPost.com | Zach Carter | Posted 08.09.2013 | Politics

WASHINGTON -- President Barack Obama on Friday pushed back against rumors that his former economic adviser Larry Summers has "the inside track" among ...

Larry Summers Helped Torpedo Elizabeth Warren CFPB Nomination

The Huffington Post | Zach Carter | Posted 08.08.2013 | Politics

Former Obama administration economic adviser Larry Summers helped torpedo a bid from current Sen. Elizabeth Warren (D-Mass.) to head the Consumer Fina...

There's Something About Larry (Summers)

Seriously Skewed | Posted 10.01.2013 | Comedy
Seriously Skewed

Little about Washington surprises me, but one thing I could not figure out is why President Obama wants Larry Summers as Fed Chair when Summers is the worst possible candidate for the job, except maybe for Alan Greenspan?

Banknado!

Richard (RJ) Eskow | Posted 09.27.2013 | Politics
Richard (RJ) Eskow

It's a real-life disaster movie, one that's left neighborhoods in ruins all across the country, killed thousands of people, and ruined millions of lives. You might call it a "Banknado."