Romney supports Dodd-Frank repeal: How will he address J.P. Morgan Chase fiasco? - Breaking News Allvoices

News Stories Related To: Romney supports Dodd-Frank repeal: How will he address J.P. Morgan Chase fiasco?

Washington : DC : USA | almost 2 years ago  
Mitt Romney says he wants to talk about the economy in his presidential campaign, including his call to annul the Dodd-Frank financial regulation law. J.P. Morgan Chase & Co....
    • Clear
    • Share:
    • Share
    • Clear
    • Clear
    • Clear
    • Clear
     
  • Read full report
   Reach     Credibility Credibility of 5
Report Your News Got a similar story?
Add it to the network!

Or add related content to this report

Related news stories

  • Romney's April money suggests GOP rallying for him

      Kansas City Star | almost 2 years ago
    Mitt Romney and his party raised $40 million in April.The strong haul in the first month of the general campaign suggests Republicans are rallying behind Romney. The showing also threatens President Barack Obama's cash advantage in his push for a...
  • Senate summons JP Morgan boss Jamie Dimon to explain $2bn losses

      Guardian Unlimited | almost 2 years ago
    Jamie Dimon apologised for the losses and said they are likely to grow. Photograph: Saul Loeb/AFP/Getty Images The Senate banking committee plans to call JP Morgan boss Jamie Dimon to Washington to explain how the bank lost $2bn in poorly-supervised...
  • U.S. Senate Banking Committee to ask Dimon to testify

      International Business Times | almost 2 years ago
    organ Chase & Co Chief Executive Jamie Dimon will be invited to testify before Congress over the recent trading losses announced by the bank, U.S. Senate Banking Committee Chairman Tim Johnson said in a statement on Thursday. Johnson did not say on...
  • Paul B. Farrell: The 4 hard lessons of 2008 that Dimon must accept

      MarketWatch | almost 2 years ago
    But has he finally learned the four hard lessons about taking high-risk gambles in the global $650 trillion derivatives market that in 2008 virtually bankrupt Wall Street and the economy?...Or will he just get cleverer and keep pushing his 2011...
  • Mitt Romney rumbles through Florida, raising cash and bashing President ...

      Miami Herald | almost 2 years ago
    Smith Herald/Times Staff Writers Mitt Romney swung through Florida on Thursday, picking up more than $2 million in political contributions while bashing President Barack Obama as an ineffective leader. Romney pointed out that, earlier in the day, the...
  • Bain Capital defends record in light of criticism

      Arizona Republic | almost 2 years ago
    Facing new attacks from Democrats, the private equity firm Mitt Romney helped create is defending its record. In a statement released Tuesday, Bain Capital says its record will be distorted and oversimplified during the presidential campaign. The...
  • Why Elizabeth Warren is right — and why Romney won't change

      The Pheonix | almost 2 years ago
    May 16, 2012 Like an alcoholic downing nips on the drive home from court-ordered rehabilitation, JPMorgan Chase and its CEO, Jamie Dimon, could hardly wait to once again start wildly tossing depositors' money into derivative hedge bets the very type...
  • Romney pledges to 'get us on track to have a balanced budget'

      Los Angeles Times | almost 2 years ago
    As he continued his effort to turn the public's attention to the rise in federal spending, Mitt Romney acknowledged Wednesday that President George W. Bush presided over the accumulation of $4 trillion in debt, but faulted President Obama for failing...
  • Frank: Stop banks 'razzle dazzle'

      Politico | almost 2 years ago
    Retiring Rep. Barney Frank, the author of the 2010 Dodd-Frank law that tightened Wall Street regulations, said Wednesday that the recent losses at JPMorgan Chase showed the need for even tougher rules. I think we now have a stronger argument for a...
  • Obama Campaign: ‘America Can't Afford Romney Economics'

      New York Observer | almost 2 years ago
    America Can't Afford Romney Economics' 11:45am President Obama The Romney and Obama campaigns continued sparring over their respective economic policies today. Mitt Romney appeared in Florida this morning where he gave a speech on the deficit.
  • What JPMorgan Chase's Loss Should Remind Us About Risk Measurement

      The New York Observer | almost 2 years ago
    Last Thursday's revelation of a multibillion-dollar trading loss at JPMorgan's Chief Investment Office has reverberated through Wall Street and Washington, stiffening the resolve of tighter regulation's most outspoken advocates. For the weekend's op-...
  • Biden speech to attack Romney tenure at Bain

      The Hill | almost 2 years ago
    A philosophy that believes everyone deserves a fair shot and a fair shake, and everybody should play by the same rules," says Biden. "There's Romney Economics, which says as long as the government helps the guys at the very top do well, workers and...
  • Answers to JPMorgan trouble: Regulate, investigate or gamble?

      The Hill | almost 2 years ago
    organ take their business to Las Vegas, he said...But Sen. Charles Schumer (D-N.Y.), who runs the Senate Democratic message operation and represents Wall Street's home state, kept mum on the matter, declining to comment on the $2 billion in losses...
  • Donors tied to banking desert Obama for Romney

      Boston Globe | almost 2 years ago
    organ Chase met with shareholders to answer for a trading loss of more than $2 billion Tuesday, it was against an evolving political backdrop: Donors from big banks are betting on Mitt Romney to defeat President Obama and repeal new restraints on...
  • Too big to fail bigger than ever

      Politico | almost 2 years ago
    organ Chase's $2 billion blunder is throwing the spotlight on an awkward truth for President Barack Obama's promise to end the era of big bank bailouts: The same institutions that were deemed too big to fail before the financial collapse are even...
  • FBI opens inquiry into JPMorgan

      Pittsburgh Post-Gazette | almost 2 years ago
    The FBI case will examine potential criminal wrongdoing at JPMorgan, according to people briefed on the matter, representing the most serious inquiry to stem from the losses. The inquiry, led by the FBI's New York office, will in part scrutinize...
  • DealBook: F.B.I. Inquiry Adds to JPMorgan's Woes

      The New York Times | almost 2 years ago
    They cautioned that the inquiry was at an early stage and that it was routine for federal authorities to open a case after a big bank disclosed a huge blunder...While the trading loss is not likely to blow a hole in JPMorgan's balance sheet, the...
  • Romney's faith could fix compassion gap

      The Hill | almost 2 years ago
    The tales about Romney range from the trivial to the traumatic, from the political to the personal. But the Obama campaign's hope is that they create a synergistic, decidedly negative portrait of a candidate who is still largely unknown to many...
  • Obama and Romney Locked in Tight Race

      Voice of America | almost 2 years ago
    Download President Obama's decision to support same sex marriage in the United States could have an impact on what is expected to be a close presidential election in November.  But most experts believe the president's fate is still tied to the...
  • Embattled JPMorgan boss survives power challenge

      Channel NewsAsia | almost 2 years ago
    organ Chase chief executive Jamie Dimon narrowly defeated a shareholder move to significantly curb his powers Tuesday, as his bank faced an FBI probe over a shock $2 billion loss. Days after revealing that a scheme to hedge risk had spectacularly...
  • NBC Seizes On JPMorgan Losses to Promote Dem Calls For Regulation

      Newsbusters | almost 2 years ago
    Dutifully doing its part to find any excuse to expand government regulation, NBC News on Monday and Tuesday immediately touted Democratic efforts to exploit a $2 billion loss of private money for banker JPMorgan Chase to push for more government...
  • FBI Investigating JPMorgan Chase: Report

      International Business Times | almost 2 years ago
    Share This Story Citing an knowledgeable official, the newspaper said the Federal Bureau of Investigation's New York field office is leading an inquiry into recent actions by the bank, which announced last Thursday it will report a loss of more than $...
  • JPMorgan employees give to Romney, Obama

      USA Today | almost 2 years ago
    Presumptive GOP presidential nominee Mitt Romney has received $373,650 in campaign donations from JPMorgan employees, according to records kept by the non-partisan Center for Responsive Politics . That's more than any other candidate for Congress or...
  • Romney Campaign Defends JP Morgan, Contradicting Obama

      International Business Times | almost 2 years ago
    organ's massive $2 billion trading loss has spilled over into presidential politics, with presumptive Republican nominee Mitt Romney's campaign calling the disastrous trade an example of the inherent risks of the free market. Share This Story "The...
  • Why Dodd-Frank could be a harder sell than Obamacare

      Washington Post | almost 2 years ago
    On Monday morning, White House Press Secretary Jay Carney tried to put a positive spin on the news of JPMorgan's $2 billion loss . It didn't represent a failure of the new Wall Street regulation under Obama, he insisted. AP) But how do you defend a...
  • JPMorgan Loss 'The Reason We Passed Wall Street Reform,' Obama Says

      International Business Times | almost 2 years ago
    organ's $2 billion trading loss to a lack of financial regulation during a Tuesday morning appearance on the talk show "The View." The president invoked the recent revelation of JPMorgan's huge loss to draw a distinction between himself and Mitt...
  • Jamie Dimon: Not opposed to new regulations

      MarketWatch | almost 2 years ago
    Morgan Chase & Co. , Jamie Dimon, said on Tuesday that the bank is not against new regulations and has supported around 70% to 80% of the provisions in the Dodd-Frank act on Wall Street reform. At the bank's annual shareholders meeting in Florida,...
  • Poll: Voters optimistic economy will improve

      The Hill | almost 2 years ago
    Likely voters in the U.S. think the economy is improving already, giving Obama an edge as the incumbent. Nearly two-thirds of those surveyed believe they will be "better off" next time this year and 58 percent predict good economic conditions in a...
  • JP Morgan boss Jamie Dimon to face shareholders – live updates

      The Guardian | almost 2 years ago
    Jamie Dimon had described concerns about JP Morgan's bets as a 'tempest in a teapot'. Photograph: Lawrence Jackson/AP Last week the bank boss revealed JP had lost $2bn and counting on risky bets made from its London office. The loss has wiped $19bn...
  • Mitt Romney campaign defends JP Morgan loss as market risk

      Daily News & Analysis | almost 2 years ago
    US Republican presidential candidate Mitt Romney's campaign said on Tuesday JPMorgan Chase & Co's huge trading losses were an unfortunate part of a free market economy. Romney adviser Eric Fehrnstrom told NBC that, while Romney supports some...
  • JPMorgan's Loss A Gain For Campaign Positioning

      National Public Radio | almost 2 years ago
    May 15, 2012 The fallout from banking giant JPMorgan Chase's $2 billion and counting loss has made its way into the presidential campaign. The president and his presumptive GOP challenger Mitt Romney have very different views about the regulation of...
  • JP Morgan crisis: Obama backs tougher Wall Street regulation

      The Guardian | almost 2 years ago
    Patsy Lynch/Rex Features President Obama has said JP Morgan Chase $2bn (£1.2bn) trading loss demonstrates the need for tighter financial services regulation, amid reports that Ina Drew, the bank's departing chief investment officer, is walking away...
  • Jamie Dimon put in the rough

      Boston Herald | almost 2 years ago
    organ Chase CEO and Chairman Jamie Dimon will face angry investors today when the bank holds an annual shareholders' meeting scheduled months ago, but convening days after the firm lost billions on risky trades. I definitely think he's going to have...
  • Romney has little to say yet about JPMorgan loss

      The Daily Herald | almost 2 years ago
    Mitt Romney says he wants to talk about the economy in this presidential campaign, including his call to repeal the Dodd-Frank financial regulation law. JPMorgan Chases $2 billion trading loss in risky transactions isnt the sort of conversation he...
  • Obama says JPMorgan loss shows need for Wall Street reform

      International Business Times | almost 2 years ago
    President Barack Obama said on Monday the huge trading loss at JPMorgan Chase & Co illustrated the need for Wall Street reform and warned that the same kind of error at a less stable bank may have required government intervention. "JPMorgan is one of...
  • Obama tries to undermine Romney's record on jobs

      Taiwan News | almost 2 years ago
    Travel & Delicacy Beauty never Ends Ecological Environment Associated Press 2012-05-15 07:56 AM President Barack Obama tried Monday to tarnish Mitt Romney as a corporate titan who got rich by cutting rather than creating jobs, opening a new effort to...
  • JPMorgan makes Wall Street regulation a campaign issue again

      CNN | almost 2 years ago
    After other stops in Manhattan, the president was to attend a private dinner hosted by Tony James of the Blackstone Group, an alternative asset management and financial services company...The trip marked one of many fund-raising events the president...
  • Obama weighs in on JPMorgan loss

      CNN | almost 2 years ago
    President Barack Obama said Monday that a $2 billion trading loss suffered by JPMorgan Chase is "why Wall Street reform is so important." "We don't know all the details," Obama said, but "it's going to be investigated." The bank's loss, which...
  • JP Morgan boss to face shareholders over $2bn 'tempest in a teapot'

      Guardian Unlimited | almost 2 years ago
    Lawrence Jackson/AP The embattled boss of JP Morgan , Jamie Dimon, faces shareholders at the bank's annual general meeting on Tuesday amid a backlash against its campaign to dilute plans for the tighter regulation of Wall Street. Pension funds have...
  • JP Morgan fiasco prompts White House push for tighter Wall Street ...

      The Guardian | almost 2 years ago
    Rogelio Solis/AP The White House has stepped up pressure on Republican members of Congress to end their opposition to the tighter regulation of Wall Street in the wake of the JP Morgan Chase trading fiasco. It was its first comment since JP Morgan...
  • Romney returns fire on Bain attack with web ad touting steel company ...

      The Hill | almost 2 years ago
    Earlier in the day, the Obama campaign released a new commercial and website arguing that Bain exploited companies it took over to pad the pockets of top executives and investors. One steelworker, laid off after Bain closed his employer, equated the...
  • After $2B JPMorgan Loss, Senate Candidate Elizabeth Warren Calls For 'New ...

      International Business Times | almost 2 years ago
    Senate Democratic candidate for Massachusetts, Harvard Law professor and former White House adviser Elizabeth Warren is calling for a new Glass-Steagall law to separate investment and commercial banking. Share This Story The Glass-Steagall Act was a...
  • Obama campaign attacks Romney over Bain record

      Arab News | almost 2 years ago
    President Barack Obama's re-election campaign opened an assault on Mitt Romney's background as a private equity executive on Monday with a video that seeks to undermine the Republican's central argument for why he is qualified for the White House.
  • US: Obama camp hits Romney hard with new ad campaign

      Zee News | almost 2 years ago
    An advertisement released today by Obama's campaign hit hard at Romney's business records and alleged that the philosophy of the former Massachusetts Governor would take the country backwards. The six-minute video featured the story of GST Steel, a...
  • JPMorgan trading flap stirs Congress

      CNN | almost 2 years ago
    Congress is beginning to weigh in on the news that JPMorgan Chase lost $2 billion on complex trades intended to hedge against economic risk, and that the losses could mount. Sen. Bob Corker, a Tennessee Republican, was the first to call for a hearing...
  • White House: JP Morgan loss shows law needed

      USA Today | almost 2 years ago
    JP Morgan loss shows need for reform Updated The spectacular $2 billion loss by JP Morgan shows why President Obama's overhaul of financial regulations was needed, the White House says. "This event reinforces why it was so important to pass Wall...
  • Warren: Dimon should quit NY Fed

      Politico | almost 2 years ago
    Massachusetts Senate candidate Elizabeth Warren on Monday called on JPMorgan CEO Jamie Dimon to resign from the New York Federal Reserve Board as a public acknowledgment that he is in a position of trust...I'd like to see Jamie Dimon, for example,...
  • US regulators in hot seat over JPMorgan loss

      Sydney Morning Herald | almost 2 years ago
    Story continues below The Fed ramped up the number of staff embedded at JPMorgan Chase & Co since the financial crisis, when the bank grew through its takeovers of much of the failed Bear Stearns and Washington Mutual. But so far it is unclear...
  • JPMorgan loss refires push for curbs on insured banks

      Sydney Morning Herald | almost 2 years ago
    Phil Mattingly May 14, 2012 Read later THE $US2 billion trading loss by JPMorgan has intensified the call for tighter regulation in Washington, with presidential campaign officials weighing in alongside lawmakers in response to the bank's disclosure.
  • Thune cautions against more bank regulations after JP Morgan losses

      The Hill | almost 2 years ago
    We need to make sure we get all facts before jumping to conclusions about the need for greater financial regulation, he said on Fox News Sunday.  Supporters of the Dodd-Frank law have come out since JP Morgan announced the losses to argue that it...


Use of this site is governed by our Terms of Use Agreement and Privacy Policy.

© Allvoices, Inc. 2008-2014. All rights reserved. Powered by PulsePoint.