Congress, Financial Reform | featured news

Barney Frank: Obama Made 'Mistake' With Health Care Push

Barney Frank

Rep. Barney Frank , D-Mass., said he advised President Obama against taking up health care reform following a special election in 2010 that changed Democrats' fortunes in the Senate, saying that he should have instead turned his focus to financial reform.

 

Obama: Consumers lose if financial law repealed

President Barack Obama says consumers would lose if Republicans regain power in Congress and try to roll back his hard-won Wall Street overhaul.

 

Wall Street reform clears Congress

Wall Street reform clears Congress

The Congress on Thursday approved the broadest overhaul of financial rules since the Great Depression and sent it to President Barack Obama to sign into law.

 

Financial Overhaul Clears a Final Senate Hurdle

A broad overhaul of the nation’s financial regulatory system cleared one last procedural hurdle in the Senate on Thursday as it headed for final Congressional approval later in the day.

 

Finance reform bill still a tossup

Finance reform bill still a tossup

As vote nears, Senate Democrats don't yet have votes to overcome a threatened GOP filibuster.

 

New snag for Senate financial regulations bill

West Virginia Governor Joe Manchin on Wednesday put off naming a successor to the late Senator Robert Byrd, which could further complicate passage of financial reform legislation in the U.S. Senate .

 

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.

 

Twelve senators named to Wall St reform panel

The Senate named 12 senators, including tough Wall Street critics and more moderate members, Tuesday to a panel that will finalize the most sweeping overhaul of financial regulations since the 1930s.

 

Bill to Overhaul Financial Rules Clears Hurdle in Senate Vote

Bill to Overhaul Financial Rules Clears Hurdle in Senate Vote

Three Republicans joined the Democratic majority on Thursday in an action that put Congress on a path to approve a broad expansion of oversight of the financial markets.

 

Senate Republicans Block Final Vote on Banking Bill

Senate Republicans voted Wednesday to delay final action on a sweeping financial regulation bill, raising an obstacle to the legislation as it approached the home stretch. The vote was 57-42, three votes shy of the 60 needed to pass. Three Democrats joined 39 Republicans in voting against the measure. Among them was Senate Majority Leader Harry Reid, who switched his vote from yes for procedural reasons. Reid said he'd seek a new vote Thursday.

 

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