Why ‘financial reform’ doesn’t touch the troubled lenders. Congressional Democrats should drop their resistance to reform proposals and make a break from their sordid history with these toxic firms.
Post Tagged with: "financial reform bill"
May 8, 2010 15:40
Reform bill should include Fannie, Freddie: Shelby
Financial reform legislation being debated by the Senate needs to overhaul government involvement in U.S. mortgage finance giants Fannie Mae and Freddie Mac, Senator Richard Shelby, the lead Republican on the Senate Banking Committee, said on Saturday.
May 7, 2010 16:46
NUGENT: Is the kettle black enough?
If ever there was a case of the proverbial pot calling the kettle black, it is the cluster of new financial “reform” regulations Washington politicians are trying to foist on the back of Wall Street.
May 7, 2010 16:24
Sen. Shelby: Financial Reform Violates Privacy
Shelby, speaking at a press conference outlining Republican concerns about the financial regulatory overhaul, said that the bill violated Americans’ privacy rights by allowing the government to collect any financial information from any financial firm.
May 7, 2010 04:33
‘Reform’ bill has unintended consequences and does disservice to our country
Senator Coburn on how Congress is to blame for financial crisis and is hiding fault with the ‘reform’ bill.
May 7, 2010 04:02
The Fraudulent “Financial Reform” Bill
The “too big to fail” concept is not the reason for the economic crisis. The problem is not Wall Street as a whole, but the hedge fund short sellers on Wall Street. They call themselves the “alternative investment community” and have organized themselves into a special interest group called the Managed Funds Association (MFA).
May 6, 2010 05:47
Rifts emerge among Dems on consumer financial regulations
Rifts are emerging among Senate Democrats over how much power the federal government should have under the Wall Street overhaul bill to pre-empt state consumer regulations.
May 5, 2010 19:41
Reid Says ‘Someone’ Should Offer Amendment to Stop Financial Reform from Empowering Treasury to Probe Financial Records of Law-Abiding Citizens
As written the bill allows the federal government from probing private financial records through a provision in the bill that would allow a new Treasury Department agency to demand “any data or information” from any financial firm and to use a subpoena to get that information if necessary.
May 5, 2010 04:23
GOP takes the bait – deal reached on ‘reform’ bill
The emerging agreement was designed to assure that any future taxpayer costs arising from the liquidation of big firms in the future would be temporary and on a case-by-case basis.
May 4, 2010 04:01
Republicans on the VAT and the unintended consequences of regulatory ‘reform’
Experts note that the current financial reform package fails to address some of the major issues that led to the financial crisis. They point to the instability of capital markets that provide money for lenders, and the government’s role in the housing market, including the $125 billion lost by the housing finance companies Fannie Mae and Freddie Mac, since being placed in government conservatorship in 2008.
