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The passage of a financial reform bill this week resulted in about the same reaction from Republicans that the passage of health care reform did. They want to repeal it. Of course, they don't want Democrats to let the Bush tax cuts
Less than 24 hours after Barack Obama signed into US law the financial reforms that will prevent a repeat of the credit crunch, one of his government agencies laid the foundation for what could be the next great financial crisis. Last time it was sub-
It's no surprise that many people have pinned a lot of the blame on the financial crisis on the ratings agencies (mainly Moody's and S&P). After all, they were the ones who went out there and said that collections of slices of dices of the worst
Peter Schiff's 3 Reasons Why Financial Reform Will Fail Posted by majestic on July 23, 2010 Peter Schiff a/k/a Dr. Doom is known for extremely bearish views on the United States stock market, bond market, the US dollar, and the United States economy
NPR Stories July 23, 2010 President Obama signed Wednesday the sweeping financial overhaul bill into law, but the controversy over the new Consumer Financial Protection Bureau continues...The big banks and other business interests fought hard, but
A repeal of the Wall Street financial reforms, as argued by House and Senate Republicans, is "inconceivable," an Obama administration official says. For the past week, Republicans have argued for a repeal of the financial overhaul law, saying it is
A legislative win is a win -- but not necessarily when it comes to swaying voters facing the worst economic conditions since the Great Depression. High unemployment and fears over an ever-increasing federal debt are weighing heavily on Americans.
House Republicans are plotting again to oust Rep. Spencer Bachus as the senior Republican on the Financial Services Committee. This time, the challenge is likely to come after the November election from conservatives including some on the committee.
If the signing into law Wednesday of Wall Street reform made one thing clear, it's this: In hard legislative terms, the nation's capital is more active, more ambitious and judging by the scope of legislative accomplishment more successful than it has
With the Wall Street reform bill finally cleared through Congress, activists and intellectuals are pushing hard to ensure that this bill isn’t the last word that Congress utters in regard to Big Finance. Although we need deeper and more