WASHINGTON (Reuters) - Several congressional Democrats said on Wednesday they plan to introduce legislation next week to cap credit card interest rates. With ...
TOO BIG TO FAIL? Call it the AIG problem: How to prevent huge and complex financial institutions from holding the taxpayer hostage when ...
House Financial Services Committee Chairman Rep. Barney Frank, D-Mass. talks to committee member Rep. Maxine Waters, D-Calif. on Capitol Hill in Washington, Thursday, Oct. 22, 2009, during the committee's markup on pending legislation. (AP Photo/Harry Hamburg) Copyright 2009 AP News
WASHINGTON (Reuters) - U.S. regulators would be able to peer into the secretive world of hedge funds and private equity funds under a bill passed by a key congressional committee on Tuesday. The House Financial Services Committee voted 67-1 to require advisers ...
A bill to be introduced in Congress by a key ally of President Barack Obama would make it easier for the US government to seize control of troubled financial institutions that are considered too big to be allowed to fail, The New ...
House Financial Services Committee Chairman Rep. Barney Frank, D-Mass., right, confers with committee member Rep. Suzanne Kosmas, D-Fla. on Capitol Hill in Washington, Wednesday, Oct. 21,2009, during the committee's markup on the financial overhaul bill . (AP Photo/Harry Hamburg) Copyright 2009 AP ...
FILE - In this Oct. 1, 2009 file photo, Federal Reserve Board Chairman Ben Bernanke testifies on Capitol Hill in Washington before the House Financial Services Committee. The Federal Reserve for the first time would police banks' pay policies to ensure they ...
House panel votes to speed up new credit card rules to have them in effect on Dec. 1 The House Financial Services Committee has voted to speed up the enactment of tough new credit card rules from mid-February of next year to ...
ALL BUSINESS: Banks' lobbying blitz threatens overhaul of financial regulations Get over it, America. Wall Street bankers make too much money. The latest example: Goldman Sachs says it has set aside $16.7 billion so far this year for compensation — or about ...
FILE - In this Oct. 1,2009, file photo, Federal Reserve Board Chairman Ben Bernanke testifies on Capitol Hill in Washington before the House Financial Services Committee hearing on financial regulators. Amid uncertainties about strength of the budding recovery, Federal Reserve policymakers last ...
Business groups mount strong opposition A bill to create a consumer financial protection agency within the federal government faces its first Congressional vote this week. The measure, which has the strong backing of the White House, is expected to be approved by ...
Senate Banking Committee Chairman Christopher Dodd, D-Conn., left, and House Financial Services Committee Chairman Barney Frank, D-Mass. take their seats in the East Room of the White House in Washington, Friday, Oct. 9, 2009, prior to President Barack Obama delivering remarks on ...
