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regulation, wall street reform bill
(Image from article: "Rep. Barney Frank to retire, closing long career")

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Rep. Barney Frank to retire, closing long career

Rep. Barney Frank to retire, closing long career

Democratic Rep. Barney Frank of Massachusetts does not intend to seek re-election in 2012, his office said Monday, closing out a career of more than three decades in Congress capped by last year's passage of legislation imposing new regulations on Wall Street.

 

Derivatives standoff stalls Wall St bill

Lawmakers were locked in an impasse over derivatives on Thursday as they struggled to finish their historic rewrite of U.S. financial regulations.

 

Obama scolds Wall St for resisting reform

President Barack Obama scolded Wall Street on Thursday for its "furious efforts" to fight tighter regulation, saying the United States was doomed to another financial crisis if reforms were not implemented

 

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