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Senate Banking Committee Chairman Christopher Dodd Monday unveiled a new, more moderate blueprint for sweeping financial reform in an attempt to win bipartisan support.
The ranking GOP member of the Senate Banking Committee, Richard Shelby, says he agrees with "85-90 percent" of what panel chairman Chris Dodd is expected to unveil his his bill today.
She's done it again. Former Hewlett-Packard CEO Carly Fiorina has released another attention-grabbing campaign video, as she seeks to beat out two Republican rivals and take on Sen. Barbara Boxer in November.
President Obama is going all in on the health care plan. He postponed an overseas trip to be on hand for a hoped for vote on the plan this coming Friday.
A financial-reform bill expected from Senate Banking Chair Chris Dodd on Monday earned praise from his GOP counterpart, Bob Corker, but the two sides remained far from an agreement.
GOP members of the Senate Banking Committee fired off a letter to committee chair Chris Dodd this weekend, expressing concerns over a bill he plans to unveil on Monday.
Stocks may have a hard time finding traction ahead of the Fed's Tuesday meeting, but the trend for the market is clearly higher, strategists say.
By setting risk retention requirements at each step of the process, the very legislation intended to avoid a housing crisis could drastically reduce liquidity and cripple the ability of the secondary mortgage market to deliver hundreds of billions of dollars of low cost mortgage credit needed each year.
Senate Banking Committee Chairman Chris Dodd (D-Conn.) will introduce a revised package of reforms for the financial sector Monday, essentially sidelining long-running, bipartisan talks.
Senate Banking Committee members from both parties said on Wednesday that they had agreed to include in their regulatory overhaul bill a new Office of Research and Analysis that would provide early warnings of possible systemic collapses.
The Senate Banking Committee has added a new fee on big financial institutions to its legislative package of financial reforms, according to a source familiar with negotiations
Senator Bob Corker, the Tennessee Republican who is playing a crucial role in bipartisan negotiations over financial regulation, pressed to remove a provision from draft legislation that would have empowered federal authorities to crack down on payday lenders.
Senate Banking Committee Chairman Chris Dodd said he was hopeful a bipartisan agreement on a sweeping package of financial regulatory reforms could be reached in the coming days, but admitted there were still key differences between his party and the GOP.
Senate Banking Committee members Thursday continued talks in the hope of crafting a bipartisan bill covering sweeping reform of the financial sector, with panel chairman Christopher Dodd signaling that there was still no agreement yet on where and how a new consumer watchdog agency would fit into the current regulatory structure.
"We’re really close," said Sen. Bob Corker (R-Tenn.). "We’ve had a really good day. We’re getting to a place where Democrats and Republicans both can get comfortable with this. March 3 has been the best day yet in the process."
Three senior GOP members of the Senate Banking Committee have made a new proposal for the consumer financial protection agency to Democratic chairman Christopher Dodd.
Rush Limbaugh was pretty fired up about my interview earlier this week with Cato's Alan Reynolds.
President Obama’s new health-care push would apply the 2.9 percent health-care payroll tax to investments. We’ve never done this before. If we do, with the Bush tax cuts set to expire, the tax rate on capital gains and dividends could jack up over 50 percent.
A proposal to give the Federal Reserve the primary responsibility for protecting consumers from abusive and deceptive financial products emerged on Tuesday as a potential breakthrough after months of partisan gridlock in the Senate over the terms of a broad overhaul of financial regulations.
By maintaining a quixotic filibuster against a Senate jobless bill, Senator Jim Bunning lit the fire of Democratic and Republican hyperbole against him.