-
The latest regulatory reform proposal from Senate Banking Committee Chairman Chris Dodd would have far-reaching implications for day-to-day operations at most banks and thrifts ...
By Stacy KaperMarch 16 -
Senate Banking Committee Chairman Chris Dodd introduced a moderate regulatory reform bill on Monday, packed with nods to Republicans in an effort to gain some bipartisan support.
By Stacy KaperMarch 15 -
Senate Banking Committee Chairman Chris Dodd's regulatory reform bill would overhaul the way financial companies are overseen and how troubled companies are unwound. But the 1,300-plus page bill contains many other provisions, including these ...
By Cheyenne Hopkins and Stacy KaperMarch 15 -
Veteran banking lawyer/lobbyist Paul S. Quinn switches legal firms; Sen. Bob Corker's "bizarre" day; More CFPA-related funnies from Hollywood; and more.
March 12 -
Senate Banking Committee Chairman Chris Dodd's decision to try to negotiate a bipartisan regulatory reform deal with Republican Sen. Bob Corker was a mistake. The Connecticut Democrat found he had to negotiate away so much to gain just one GOP vote that he would jeopardize support from his own party. Dodd vowed Thursday to release his own version of reform on Monday and hold a committee vote before Easter, but his turnabout left the fate of the reform effort in doubt.
By Stacy KaperMarch 11 -
WASHINGTON — Senate Banking Committee Chairman Chris Dodd announced today that he is unable to reach a deal with Sen. Bob Corker and plans to introduce a bill next week on his own with the goal of pushing it through the committee along party lines if necessary before the Easter recess.
By Stacy KaperMarch 11 -
WASHINGTON — Sens. Bob Corker and Mark Warner, key players in crafting a bipartisan regulatory reform bill, acknowledged Wednesday what has become increasingly clear as negotiations have dragged on: striking a deal has proved more tedious and complicated than expected.
By Stacy KaperMarch 10 -
Senate Banking Committee Chairman Chris Dodd said Tuesday that he continues to hope for a strong bipartisan regulatory reform bill, but he offered no fresh details on developments in negotiations.
By Stacy KaperMarch 9 -
The House Financial Services Committee will hold hearings this week on topics including community development financing, regulation of money-services businesses and proposed reforms of the Federal Housing Administration.
By Stacy KaperMarch 8 -
A little-noticed provision tucked into regulatory reform legislation by the Treasury Department is causing a furor among large institutions, which say it would effectively ban all derivative transactions between banks and their affiliates.
By Stacy KaperMarch 5 -
A little-noticed provision tucked into regulatory reform legislation by the Treasury Department is causing a furor among large institutions, which say it would effectively ban all derivative transactions between banks and their affiliates.
By Stacy KaperMarch 5 -
Senate Banking Committee Chairman Chris Dodd attempted Thursday to tamp down criticism that a proposal under consideration to place a consumer division inside the Federal Reserve Board would amount to retaining the status quo.
By Stacy KaperMarch 4 -
Consumer group advocates and analysts, among others, said that recent Senate proposals would leave glaring holes in consumer protection and set up an uneven playing field that could leave banks at a competitive disadvantage.
By Stacy KaperMarch 3 -
WASHINGTON — A tentative deal struck between Senate Banking Committee Chairman Chris Dodd and Sen. Bob Corker, R-Tenn., to entrust consumer protection to the Federal Reserve Board left observers, including fellow lawmakers, more confused than enlightened, and raised critical questions.
By Stacy KaperMarch 2 -
In the past few days lawmakers have traded proposals and counterproposals, with everyone from the Federal Reserve Board to the Federal Deposit Insurance Corp. and the Treasury Department discussed as possible locations for the bureau.
By Stacy KaperMarch 1 -
Fed Chairman Ben Bernanke on Thursday made his strongest public pitch to date to keep the central bank's powers intact, while industry lobbyists privately told Treasury Secretary Tim Geithner that they will work with the administration to press Congress on the issue.
By Cheyenne Hopkins and Stacy KaperFebruary 25 -
The details of exactly how consumer protection should be beefed up remain in flux and are the source of continuing debate between lawmakers, the Obama administration and the industry.
By Stacy KaperFebruary 25 -
Senate Banking Committee Chairman Chris Dodd's revised regulatory reform bill is likely to call for the creation of a powerful new agency with supervision of all holding companies and all federally chartered subsidiaries, according to sources familiar with the panel's negotiations.
By Stacy KaperFebruary 24 -
Financial services organizations are urging the administration to quickly extend for one year an expiring housing program geared toward helping homeowners who are current on their mortgages but owe more than their homes are worth.
By Stacy KaperFebruary 23 -
Senate Banking Committee Chairman Chris Dodd's revised regulatory reform bill is unlikely to surface this week, several sources said Tuesday.
By Stacy KaperFebruary 23

