Your Search Returned 87 tagged news reports
Global Markets and other firms partnered with banks have urged two U.S. legislators to drop a proposed "rigid" cap on dealer ownership of clearinghouses, according to a letter sent this week. The letter to Representatives Barney Frank and Spencer Bachus,...
Tags: Tradeweb, U.S, Representatives Barney Frank, House Financial Services Committee, Thomson Reuters Corp, dealers ownership, New York, Euronext, Stock exchange, Goldman Sachs, Thomson Reuters, Commodity exchanges, LCH.Clearnet, Stock market, Business Finance
His simplified credit card contract takes up just one side of one page; his research shows that a 10th-grader could understand it. Siegel says that because it's so clear, "it encourages people to read it and understand their rights and obligations." Siegel...
Tags: credit cards, Nessa Feddis, Siegel, Federal Reserve, consumers agency, simplified contract, Senate Banking, House Financial Services Committee, cards companies, simplified credit, Atlanta, Federal Reserve System, Consumer protection, Banking, United States federal banking legislation, Business Finance, Credit card, Credit, Fine print
Bachus competed with Rep. Richard Baker (R-La.) for the spot and won after arguing that he has a better working relationship with interest groups and with chairman Barney Frank (D-Mass.), according to the Almanac of American Politics . Prior to that time,...
Tags: Spencer Bachus, Congress, House Financial Services Committee, housing financial, wall street, political action, commercial banks, U.S. Chamber of Commerce, Growth & Prosperity PAC, action committee, Birmingham, Bailout, Citigroup, Finance, Financial services, Hedge, Politics, Derivatives, United States House Committee on Financial Services, Business Finance
A Congressional panel approved a bill that would put the traditionally independent U.S...Fed officials opposed the measure and House Financial Services Committee Chairman Barney Frank sought to soften the blow by taking the central bank's interest rate...
Tags: House Financial Services Committee, Federal Reserve, Tim Geithner, House Democratic Caucus, Congressional Democrats, White House, house panel, Capitol Hill, wall street, Ron Paul, Washington, Central bank, Interest rate, Monetary policy, Federal Reserve System, Federal Reserve Transparency Act, Business Finance, Politics, Troubled Asset Relief Program, Christopher Dodd, Emergency Economic Stabilization Act, United States Secretary of the Treasury, American International Group, Council on Foreign Relations, Group of Thirty, Timothy Geithner, Bailout, economics, Subprime mortgage crisis, Bank, Government policies and the subprime mortgage crisis, Subprime mortgage crisis solutions debate, Primary dealers, House of Morgan, Morgan Stanley
The House Financial Services Committee voted 38-29 to support an amendment sponsored by Rep. Paul Kanjorski (D-Pa.) that drew strong objections from Republicans and wariness from some centrist Democrats. Kanjorski said his amendment to the sweeping financial...
Tags: House Financial Services Committee, financial firms, Paul E. Kanjorski, large financial, Washington, Emergency Economic Stabilization Act, GMAC, U.S. Securities and Exchange Commission, Credit union, economics, Paul E. Kanjorski, Financial institutions, Politics, Business Finance
A key House panel on Thursday approved an amendment offered by Rep. Ron Paul (R., Texas) to give federal watchdogs massive new authority to audit the Federal Reserve. The approval came as the House Financial Services Committee concluded weeks of debate...
Tags: Federal Reserve, Ron Paul, House Financial Services Committee, house panel, central banks, Alan Grayson Take, Treasury Department, U.S, fed auditing, panel approved, Washington, Emergency Economic Stabilization Act, Subprime mortgage crisis, Federal Reserve System, Troubled Asset Relief Program, Business Finance, Politics, Financial institutions, Credit union, Bank, Caucus, Caucuses of the United States Congress, Ken Calvert, Maxine Waters, Congressional Black Caucus, Timothy Geithner, Social Issues, Finance, General Growth Properties, Mortgage loan, AOL, Mortgage, Banking
Since 2003, the Massachusetts Democrat had been the ranking member of the committee, which has jurisdiction over the housing and financial sectors...Money Summary: Of the $9.4 million Frank has raised since 1989, he's spent $9.1 million. While his Republican...
Tags: Barney Frank, House Financial Services Committee, election cycle, housing financial, Fannie Mae, financial industry, Washington, Freddie Mac, Subprime lending, Financial crisis, Troubled Asset Relief Program, Federal Reserve System, Subprime mortgage crisis, Business Finance
Democrats on the House Financial Services Committee have approved a sweeping proposal that would expand federal powers to break up so-called “too big to fail” firms. Offered by Rep. Paul Kanjorksi, the No. Democrat on the House Financial Services Committee,...
Tags: House Financial Services Committee, Paul E. Kanjorski, financial firms, Congress, Washington, GMAC, United States House Committee on Financial Services, Politics, Business Finance, Paul E. Kanjorski, Banking in the United States, Too Big to Fail, Systemic risk, Divestment, Financial crises, Investment, Bailout, Christopher Dodd, American International Group, economics, Subprime mortgage crisis, Bank, United States federal banking legislation, Betting, Federal Deposit Insurance Corporation, Value at risk, Actuarial science, Emergency Economic Stabilization Act, Credit unions in the United States, Financial institutions, Credit union, Federal Reserve System
The House Financial Services Committee on Tuesday approved an amendment that the committee's chairman said would curtail the powers of Federal Reserve regional bank presidents. On a unanimous vote, the committee approved an amendment introduced by Rep....
Tags: Barney Frank, House Financial Services Committee, unemployed homeowners, House of Representatives, Fall River, Federal Reserve Bank of New York, Federal Reserve Bank, Jeffrey M. Lacker, Federal Reserve, Federal Open Market Committee, Federal Reserve System, Business Finance, Politics, American International Group, Subprime mortgage crisis, Subprime mortgage crisis solutions debate, Government policies and the subprime mortgage crisis, AFL-CIO, U.S. Securities and Exchange Commission, Subprime lending, Mortgage-backed security, Mortgage, Fixed income securities, Structured finance, Valuation, economics, Emergency Economic Stabilization Act, Troubled Asset Relief Program, Banking, Personal finance, Labor
Look for the battle over reform of the financial industry reform just after the Thanksgiving holiday. That’s when the debate is expected to begin in the Senate over the massive proposal from Sen. Christopher Dodd, D-Conn. The House Financial Services...
Tags: House Financial Services Committee, Fort Lauderdale, Subprime mortgage crisis, economics, Subprime crisis impact timeline, Subprime mortgage crisis solutions debate, Consumer protection, Elizabeth Warren, Credit card, Business Finance