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Fed losing support for bank oversight role

Source: Washington Post
New York City : NY : USA | about 1 month ago  
Views: 15
  • To match FINANCIAL/PAY-FED-POLITICS
    To match FINANCIAL/PAY-FED-POLITICS
    Source: Reuters
  • To match feature USA-FED/BAILOUT
    To match feature USA-FED/BAILOUT
    Source: Reuters
To match FINANCIAL/PAY-FED-POLITICS
Key Democratic lawmakers are threatening to dismantle the Obama administration's plans to place the Federal Reserve at the heart of efforts to overhaul the financial regulatory system. When administration officials rolled out their blueprint earlier this year, they argued that the central bank...
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  • News Source: Washington Post | about 1 month ago
    Key Democratic lawmakers are threatening to dismantle the Obama administration's plans to place the Federal Reserve at the heart of efforts to overhaul the financial regulatory system. When administration officials rolled out their blueprint earlier...
  • News Source: Fox News | about 1 month ago
    Congress could merge the Federal Reserve into a newly created national bank regulator as part of bank regulatory reform under consideration on Capitol Hill, a key lawmaker said Friday. "You may get a combination of the national bank supervisor and...
Blogs
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  • Blog Source: www.mylespaul.com
    Mr. Dodd's plan to create a single national bank regulator is likely to draw fire. There are currently four different institutions with that responsibility. The banking industry has resisted such consolidation, worried that a single ... Fed officials
  • Blog Source: www.huffingtonpost.com
    Although the G-20 finance ministers pledged stronger prudential regulation and financial oversight of systemically important firms at their September meeting, there is no consensus yet. ... Barney Frank: No More Secret Agreements Between Regulators
  • Blog Source: bankwithtexans.org
    But Barofsky said the agency completely outsourced any oversight responsibility to the Federal Reserve Bank of New York–run at the time by now Treasury Secretary Timothy Geithner. (More on that later. ... Kucinich also said Congress should think
  • Blog Source: www.demconwatchblog.com
    It allows two agencies to continue overseeing derivatives rather than one, and allows big banks to continue "shopping" for the regulator that will have the least oversight. I also am working for stronger and more uniform ... My proposal would give
  • Blog Source: www.huffingtonpost.com
    Ed Perlmutter (D-Colo.) wants to give federal regulators the power to force big banks to divest themselves of either their commercial or investment arms if they pose a threat to the financial system. House Financial Services Committee ...
  • Blog Source: decadence-europa.over-blog.com
    Federal bank regulators issued guidelines allowing banks to keep loans on their books as “performing” even if the value of the underlying properties have fallen below the loan amount. .... group of Too-Big-To-Fail institutions will be regulated
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