They weren’t kidding when they said this evening’s markup of finance reform legislation would be a speedy affair.
The Banking Committee took less than an hour to pass the bill — along a party-line vote of 13 to 10 — and send it to the chamber floor. The quick process More…
It’s looking that way.
Observers had expected a drawn-out battle over Senate Democrats’ plans to overhaul the nations financial regulations in favor of more oversight and consumer protection. The Senate bill is being marked up in the Banking Committee beginning at 5 p.m. today.
But sources on and off Capitol More…
Taking a quick cue from Massachusetts, the Obama administration is putting on its populist hat this week to take on the nation’s largest financial institutions in the name of consumer protection. The president’s proposal — which would prevent large Wall Street firms that trade outside of their clients’ More…
At 2:30 p.m. today, Treasury Secretary Tim Geithner is scheduled to appear before a Senate panel to testify about the Obama administration’s strategy for spending the second $350 billion of Wall Street bailout funding. This is important because the Bush administration, it’s widely agreed, frittered its share by providing More…
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