Tag: Financial Reform
Liberal Things To Do
If you have an open evening on Saturday, you may consider heading over to Theatre N for a screening of Inside Job at 8:30, followed by a Q&A session about the current state of Financial Regulation. One of the people that will participate in the discussion is Greg Wilson, Communications Director with the Delaware Community Reinvestment Action Council. Greg is a great resource for all things FinReg. If you can’t make Saturday night, there are other showings throughout the weekend, but the discussion after the Saturday showing promises to be interesting and enlightening.
Call Senator Carper, Sign the Petition
The Progressive Change Campaign Committee is working on an effort today to get constituents of Wall Street reform conferees asking us to sign the Hoenig-Fisher letter
Financial Reform Conference
Right now the Financial Reform bill conference is taking place and it’s being broadcast. You can go to this link to watch the hearings. Here’s a great post by Joan McCarter at Daily Kos on what to watch for during the hearings.
Financial Reform Passes The Senate
President Obama scored another big legislative victory in the Senate tonight. The Senate approved a far-reaching financial regulation bill Thursday evening, paving the way for enactment of the most extensive reworking of financial oversight in generations and a second major legislative victory of the year for President Obama and congressional Democrats. … The Senate voted […]
Where There’s A Good Bill To Weaken, Tom Carper Is There
Tom Carper has introduced an amendment to the Financial Reform bill to pre-empt tougher state laws to weaker federal standards.
Kaufman’s Amendment To Break Up “Too Big To Fail” Banks Fails
Senator Kaufman’s amendment to break up “too big to fail” banks was defeated yesterday.
The White House’s Top Ten FinReg Loophole Watchlist
White House Communications Director Dan Pfeiffer has a very interesting post today on the official White House blog listing what, in the administration’s eyes, are the 10 most wanted lobbyist loopholes in respect to financial reform. As has been noted, with the breaking last week of the Republican filibuster of the Motion to Proceed, the financial […]
What Are Republicans Trying to Achieve on FinReg?
I know this isn’t as exciting as burning terror cars or oiled-up shrimping grounds, but here’s a few words about Financial Reform. Late last Wednesday night, as Senate Democrats were threatening to pull out the cots and force Republicans to stay all night to actively filibuster Chris Dodd’s Financial Regulation Reform bill, Republicans finally relented and […]
The GOP FinReg Proposal — A Good Sign or Bad?
Last night, Republicans released their counter-proposal to Chris Dodd’s Financial Reform Bill (full text here). I don’t claim to have read either in its entirety, but the general consensus seems to be that they are not all that fundamentally different. Annie Lowrey of the Washington Independent has a good comparison of the two proposals. Here […]
Shitty Deal
For a second time yesterday, all the Senate Republicans + Ben Nelson were able to block the financial regulation reform bill from coming to a vote in the Senate. On the same day, however, Goldman Sachs was busy giving an assist to financial reform by getting grilled by a Senate committee. Carl Levin chewed up […]
The Democratic Party Could Do A Public Service
We’ve all been watching recently the slow and painful progress of the financial reform bill. Yesterday the Republicans hung together to block debate from even beginning on the Senate bill. Mitch McConnell used his usual dishonesty in explaining why Republicans were blocking the bill: “A vote for cloture is a vote that says, ‘We’re done […]
A Tale of Two Senators
I don’t know if you caught the story in the News Journal this morning featuring the work that Senator Kaufman is doing on financial reform. He talks passionately about dismantling Too Big To Fail and reinstating much of the Glass-Steagall act. By contrast, Tom Carper (the one we are stuck with) is already back-pedaling on […]
I Feel Like I’ve Heard This Song Before
Delaware’s very own Tom Carper is ready to surrender and weaken the Financial Reform bill right when Republicans seem to be weakening. Carper, a member of the Senate Finance Committee, said that he thinks a bipartisan deal can be reached on financial regulatory reform legislation, and argued it should be done by dropping the most […]
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