NEW YORK (Reuters) - NYSE Euronext <NYX.N>, LCH.Clearnet, BATS Global Markets and other firms partnered with banks have urged two U.S. legislators to ...
WASHINGTON (Reuters) - A key U.S. congressional panel moved toward toughening a plan for dealing with "too big to fail" financial firms on ...
WASHINGTON/NEW YORK (Reuters) - A reserve fund must be established ahead of time to give the government the working capital it needs to dismantle large, troubled financial companies, a top U.S. bank regulator said on Tuesday. Sheila Bair, chairman of the Federal ...
Democratic Rep. Barney Frank took a dig Friday at the Republican lawmaker who organized a protest by conservatives against health care legislation. Frank, a Massachusetts liberal, told an audience: "Some of the people (at the rally) that wanted to engage me in ...
TOO BIG TO FAIL? Call it the AIG problem: How to prevent huge and complex financial institutions from holding the taxpayer hostage when they begin to totter. The Treasury and Representative Barney Frank (D-Mass.), the powerful chairman of the House Financial Services ...
House panel votes to give regulators more power, money to police big players in stock market The House Financial Services Committee voted Wednesday to give federal regulators more power and money to police major players in the stock market, four months after ...
WASHINGTON - NOVEMBER 3: Rep. Barney Frank (D-MA) speaks during a news conference on Capitol Hill November 3, 2009 in Washington, DC. Rep. Barney Frank (D-MA) held the news conference to speak to reporters about the pending mark up of regulatory reform ...
Democrats stiff arm administration; they want big firms to pay before, not after, a failure House Democrats are balking at an Obama administration plan that would put taxpayers on the hook for up to five years to dismantle any giant financial firm ...
House Financial Services Committee Chairmen Rep. Barney Frank presides over a hearing titled "Systematic Regulation, Prudential Matters, Resolution Authority, and Securitization" , Thursday, Oct. 29, 2009, on Capitol Hill in Washington. (AP Photo/Charles Dharapak) Copyright 2009 AP News
WASHINGTON - OCTOBER 30: House Financial Services Committee Chairman Barney Frank (D-MA) (R) and ranking member Rep. Spencer Bachus (R-AL) preside over a hearing about overdraft fees levied by banks on Captiol Hill October 30, 2009 in Washington, DC. The committee is ...
Large financial companies that helped cause the crash should face further regulation Rep. Barney Frank, chairman of the House Financial Services Committee, released a plan Tuesday to try to rein in the huge Wall Street companies that once were labeled Òtoo big ...
WASHINGTON (Reuters) - U.S. lawmakers and consumer activists on Friday highlighted the need to reform overdraft fees that banks charge their customers, saying all too often a cup of coffee can wind up costing $40. Bills moving through the House of Representatives ...
