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Wall Street Reform

Zach Carter

Why Mitch McConnell Plans To Troll Elizabeth Warren

HuffingtonPost.com | Zach Carter | Posted 11.14.2014 | Politics

WASHINGTON -- Sen. Mitch McConnell (R-Ky.), looking forward to a GOP Senate majority, laid out the Republicans' 2015 financial policy platform: trolli...

Secret Recordings Expose The True Relationship Between Goldman And The NY Fed

ProPublica | Jake Bernstein | Posted 09.26.2014 | Business

Barely a year removed from the devastation of the 2008 financial crisis, the president of the Federal Reserve Bank of New York faced a crossroads. Con...

Silicon Valley Should Care About What Wall Street Is Doing in Washington

Dennis M. Kelleher | Posted 11.16.2014 | Technology
Dennis M. Kelleher

The sad truth is that we haven't done nearly enough to reform the financial system to prevent another cataclysmic crash, end rampant predatory behavior, restore investor confidence and protect taxpayers, companies and the federal treasury.

What Do Banks Have to Hide From CFPB's Efforts to 'Make the Market for Credit Work Better'?

Ed Mierzwinski | Posted 10.22.2014 | Business
Ed Mierzwinski

This month, two different but powerful Wall Street bank lobbies launched self-serving attacks on the Consumer Financial Protections Bureau's most recent efforts to make banking markets more transparent. What do the banks have to hide?

Wall Street's Too-Big-to-Fail Banks Still Trying to Get Taxpayer Bailouts

Dennis M. Kelleher | Posted 10.06.2014 | Money
Dennis M. Kelleher

The problem is that Wall Street's biggest banks don't want to have to go into bankruptcy if they fail. They want U.S. taxpayers to bail them out like what happened in 2008-2009. They want to keep their jobs, bonuses and reckless gambling.

Zach Carter

Why Barney Frank Thinks Democrats Will Wrest Corporate America From The GOP

HuffingtonPost.com | Zach Carter | Posted 08.03.2014 | Politics

WASHINGTON -- Congressional battles over the Export-Import Bank and terrorism insurance are an opportunity for Democrats to win back corporate elites ...

Zach Carter

How Chuck Schumer Accidentally Built The Wall Street Reform Caucus

HuffingtonPost.com | Zach Carter | Posted 08.04.2014 | Politics

DETROIT AND WASHINGTON -- They call him "Wall Street Chuck" on Capitol Hill. He has raised at least $70 million from the financial sector for the Demo...

Zach Carter

Barney Frank Wants Elizabeth Warren To Run For President. He Just Doesn't Want Her To Win.

HuffingtonPost.com | Zach Carter | Posted 08.01.2014 | Politics

WASHINGTON -- Former Rep. Barney Frank (D-Mass.) is keen on the current activist campaign to draft Sen. Elizabeth Warren (D-Mass.) into a 2016 preside...

Arthur Delaney

How Congress Gave Auto Dealers A Pass

HuffingtonPost.com | Arthur Delaney | Posted 07.25.2014 | Politics

WASHINGTON -- Car sales are surging and subprime loans are helping to drive the growth, but some consumers are getting run over. A recent New York...

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...

Ryan Grim

Former Congresswoman Now Officially Working For Wall Street

HuffingtonPost.com | Ryan Grim | Posted 06.20.2014 | Politics

WASHINGTON -- Future Sen. Elizabeth Warren (D-Mass.) and her longtime aide Dan Geldon made the rounds in the House of Representatives throughout 2009,...

No Law Is Perfect

Rep. Charles Rangel | Posted 08.13.2014 | Politics
Rep. Charles Rangel

The Dodd-Frank Wall Street Reform and Consumer Protection Act is a massive piece of financial reform legislation that I voted for and was signed by President Obama in 2010. Was it perfect? Of course not. No massive piece of legislation is perfect -- and that's why we constantly work to improve the law.

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 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

You Didn't Even Know These Wall Streeters Were Ripping You Off

HuffingtonPost.com | Zach Carter | Posted 05.09.2014 | Politics

WASHINGTON -- Private equity firms are routinely ripping off their clients, harming pension funds, universities and charitable foundations, according ...

Financial Justice: The People's Campaign to Stop Lender Abuse by Larry Kirsch and Robert N. Mayer

John Atlas | Posted 06.22.2014 | Books
John Atlas

"Financial Justice" is the untold story of how a diverse group of progressive organizations took on the powerful financial lobby, pushed Congress to create a strong new consumer protection agency, and against the odds, and won.

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 05.03.2014 | 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...