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Daniel Foster National Review 6/25/2010 After a 20-hour all-nighter, the House/Senate conference committee struck an early morning deal on financial reform, setting up a final vote next week. Why all the inverted commas? Well, there is much in the bill that has nothing to do with ‘Wall Street’ or the root causes of the crisis […] June 26th, 2010 | Tags: 'Volcker rule', derivatives, Rep. Barney Frank, Sen. Christopher Dodd | Category: Banking and finance, federal regulations, Treasury Department | Comments are closed
By Victoria McGrane Dow Jones Newswires via FoxBusiness.com 4/25/2010 Key Senate Democrats have reached a tentative deal on sweeping new rules for the derivatives market that is expected to force major Wall Street banks to spin off their swaps desks, according to two Democratic officials. The framework deal between Senate Banking Chairman Christopher Dodd and […] April 25th, 2010 | Tags: derivatives, Sen. Blanche Lincoln, Sen. Chris Dodd | Category: banking regulations | Comments are closed
CNN 4/24/2010 Strongly defending the government’s bailout of the auto industry last year, President Obama called on Congress to pass a financial reform bill during his weekly radio and internet address Saturday. “On Friday…the Treasury Department informed Congress that this financial rescue – which was absolutely necessary to prevent an even worse economic disaster – […] April 24th, 2010 | Tags: bailouts, derivatives | Category: Banking and finance, Barack Obama, Congress, Taxes, Treasury Department | Comments are closed
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