News Source: Star Tribune
| 19 days ago
House Democrats want tougher rules for credit card companies to go into effect by Dec...The House was expected to vote Wednesday on a bill that would limit when and how banks raise interest rates...But lawmakers gave banks until mid-February to...
News Source: Washington Post
| 19 days ago
A House committee, under pressure from the White House, voted Tuesday to exempt small public companies from part of a federal law designed to prevent financial fraud, despite objections from regulators and key Democratic leaders. White House Chief...
News Source: Asian Wall Street Journal
| 19 days ago
Lawmakers are adding sweeping exemptions to financial-regulation legislation that would benefit small businesses, a move that is irking some consumer groups and liberal lawmakers who contend that could compromise the effectiveness of the overhaul.
News Source: Politico
| 19 days ago
A powerful subcommittee chairman working on financial regulations didn't appreciate Rahm Emanuel's role in trying to change his bill -- and he pointedly reminded members of his panel that President Obama's chief of staff isn't in the House any more.
News Source: The Hill
| 19 days ago
Senate Banking Committee Chairman Chris Dodd (D-Conn.) is drafting legislation behind the scenes, and an administration official said on Tuesday that the Senate is not far behind the pace set in the House. Dodd publicly has taken several positions...
News Source: Lexington Herald-Leader
| 19 days ago
The largest rewrite of financial regulation since the Great Depression will clear the House of Representatives during the first week of December, the influential lawmaker shepherding the legislation promised Tuesday. Meeting with reporters a day...