Tag: Wall Street

A video of Independent Vermont Senator Bernie Sanders is making the rounds this week. In the clearest language to come out of Washington on...

Soon after Rep. Brad Miller (D-N.C.) came to Washington in 2002, a fellow member of the House Financial Services Committee told him to pick an arcane financial issue — any issue — and to make it his pet topic. Miller chose mortgage finance. He knew little about it. Banking lobbyists peppered him with data, but he had difficulty getting much information from independent sources.

This American Life, the National Public Radio show that documents contemporary U.S. realities through personal stories, gave us an episode on whiners Friday. Slate...

This morning, President Barack Obama plans to officially announce that Elizabeth Warren — Harvard Law professor and the current head of the Congressional Oversight Panel over the Troubled Asset Relief Program — will head the Consumer Financial Protection Bureau.... sort of.

WASHINGTON-- On Monday, with Sen. Harry Reid (D-Nev.) promising a final vote on financial regulatory reform in the next few days, rather than weeks, thousands descended on K Street in Washington, D.C., to lobby the lobbyists.

WASHINGTON-- On Tuesday, the Senate voted in a landslide to approve the Audit the Fed amendment to Sen. Chris Dodd’s (D-Conn.) financial regulatory reform proposal. Sen. Bernie Sanders (I-Vt.), the author of the amendment, has directed the Government Accountability Office to publish a report on the Federal Reserve’s books by Dec. 1, 2010, reviewing in a way that “does not interfere with monetary policy” but does let the American people know the names of the recipients of the more than $2 trillion in taxpayer assistance doled out by the nation's central banking system.

WASHINGTON-- Monday evening, Republicans in the U.S. Senate voted against Sen. Chris Dodd's American Financial Stability Act, which seeks to reform regulation of the financial sector. It was only one round. There are many to come. Democrats only need one crossover to move the bill forward and the GOP line on the bill has already evolved, as Republican spin artist Frank Luntz's "bank bailout" false talking point has failed to winover Americans, who overwhelmingly back reform. Bonus-loving Goldman Sachs has run out of sympathy on struggling Main Street.

ABC News Top Line interviewed Colorado Republican U.S. Senate candidate Jane Norton on the coming push to pass stricter regulations designed to prevent the...

* Suicide among veterans is an epidemic. More than 6,000 per year. Roughly 18 per day. Neither hawks nor doves care to deal with...

At the end of last week, the Obama administration reportedly told Senate Democrats to drop the $50 billion liquidation fund — often referred to...