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Wall Street Shaped Bill Easing Oversight, and Kept Contributions Coming
Banking industry lobbyists helped members of the House Financial Services Committee craft a bill loosening regulators' oversight of various types of trading, with lobbyists from Citibank playing a large role in the process, according to a report in today's New York Times .
Foreclosure settlement checks seen as inadequate
He was self-employed. When his clients dried up, so did his software business. Reid sold his car, ate one meal a day, and paid his taxes with credit cards.
Larry Elder: Obama's Scandals -- and His Media Co-Conspirators
How does President Barack Obama, a man of such keen intelligence, with such promise to "change" America, find himself in so much serious trouble? From the IRS targeting conservatives to the continued confusion over what happened at Benghazi to provoking a battle with The Associated Press by subpoenaing phone records that could involve as many as ... (more)
Lew quizzed over super-council's secrecy
A lawmaker on Wednesday pestered a key Obama administration official about a systemic risk super-council charged with identifying risks to the economy, arguing the group's vital proceedings lack transparency.
Bill clears House for wider SEC economic analyses
Legislation cleared the House on Friday that would place stricter requirements on the federal agency overseeing Wall Street to assess the costs and benefits of its regulations before they are issued.
UPDATE 2-US House votes for more scrutiny of economic impact of SEC rules
A divided U.S. House of Representatives on Friday passed a Republican-sponsored bill that would force federal securities regulators to conduct more economic analysis before adopting rules for Wall Street.
The mellowing of South Bay Congresswoman 'kerosene' Maxine Waters
Rep. Maxine Waters during a meeting with community bankers from her district at Malaga Bank in Torrance, March 22, 2013.
White: SEC's No. 1 priority is more adviser examinations
The Securities and Exchange Commission 's top priority is to increase the number of investment adviser examinations it handles every year.
Increasing amount is paid in overdraft fees to banks
Overdraft fees -- a staple for banks and the bane of customers -- are on the rise again, despite new federal regulations and consumer lawsuits aimed at reining them in.
Lawmakers turn to student loan concerns
May 13, 2013 - Lawmakers in the House and Senate last week issued statements and proposed bills to address the debts of student borrowers as the CFPB released its report on student loan affordability.
Maxine Waters Steps Up as Leader of House Financial Services Committee
Rep. Maxine Waters's assumption of chairman of the House Financial Services Committee in January has surprisingly been met with positivity and optimism by bankers, the New York Times reports.
Waters vows action to avert 'unaffordable' premium hikes blamed on flood insurance bill
The co-author of legislation that Louisiana officials say is leading to significant hikes in federal flood insurance premiums promised Saturday to work with congressional colleagues and the Obama administration officials to resolve the problem.
Increasing amount is paid in overdraft fees to banks
By PATRICIA SABATINI - Overdraft fees -- a staple for banks and the bane of customers -- are on the rise again, despite new federal regulations and consumer lawsuits aimed at reining them in.
Congress: Still Corporate. Still Criminal. Still Captured.
One of the points Occupy Wall Street made, by choosing to occupy space in Manhattan and not in DC, was that it's really Wall Street who runs things, not the government.
Flood insurance reform subject of May 16 public meeting
The town of Wrightsville Beach will hold a Town Hall meeting on Thursday, May 16 at 6 p.m. regarding changes in flood insurance as a result of the Biggert-Waters Flood Insurance Reform Act of 2012.
House Moves to Gut Derivatives Regulations Again
Noted Wall Street ski buddy and House Financial Services Chairman Jeb Hensarling is moving to re-deregulate derivatives by gutting the Dodd-Frank Act.
Swap Regulators Face Congressional Pressure
U.S. regulators face renewed pressure from congressional lawmakers to ease Dodd-Frank Act derivatives requirements amid mounting criticism from Wall Street and overseas officials that the rules overreach.
Why Medical Debt Reform Could Actually Happen Now
There's at least one thing Congressional Republicans and Democrats agree on, and it's that medical debt is a problem.
Silence of the Conservative Lambs
Wow! I experienced it firsthand. I wrote an article defending the biblical take on an issue.
John Ransom: Maxine Waters Set to Run Finance if Dems Win House in '14
Barack Obama has promised to take back the United States House of Representatives in 2014 by using his Organizing for Action superhero/super PAC as his weapon.