Topic: Barney Frank

Sandoval chooses reality over principle

"Unfortunately, this bill does nothing to help end the uncertainty that is crippling job creation and hurting small businesses. Instead it puts taxpayers on the hook for even more bailouts."— House Speaker John Boehner, 9/23/10, after passage of the Small Business Jobs ...

Republicans could shut off Wall St reform: Rep Frank

BOSTON (Reuters) - Republican gains in Congress could endanger funding for agencies charged with overseeing the sweeping financial overhaul enacted earlier this year, Representative Barney Frank, one of the act's authors, said on Tuesday."What I'm afraid will happen is they could, if ...
The first story I read this morning was "Basel Committee Says Bank Bond Investors Should Absorb Losses. All regulatory capital instruments sold by banks should be capable of absorbing losses in the event that a bank is unable to fund itself in ...
Robert Engle: Well there's several features. I like to focus on systemic risk, I think that there's going to be a systemic risk regulator, which will probably be the Fed, and will chose in committee, select a subset of all the financial ...
The US Senate gave final approval to the most sweeping rewrite of Wall Street rules since the Great Depression of the 1930s, handing President Barack Obama a legacy-shaping political victory.Obama, due to sign the 2,300-page bill into law next week, promised that ...

Lawmakers urge guidance for clean energy loans

WASHINGTON (Reuters) - Two influential Democratic lawmakers warned on Friday that Fannie Mae and Freddie Mac could derail a $150 million clean-energy home-financing program and urged the Obama administration to rectify the problem with new regulatory guidance.Rep. Barney Frank, chairman of the ...

Financial Reform: What Are We Getting?

How can we assess the bank reform legislation? are allowed to trade with their own capital andare allowed to sell off their loans. restrict FDIC insurance to banks that don't trade and don't sell off their loans. I was heartened when I ...
The U.S. House Financial Services Committee chairman, Rep. Barney Frank, D-Mass., told audience members at Compliance Week's annual conference this week that a final version of the financial reform bill that passed in the Senate recently is likely to be ready for ...
Nice work on Friday by CNBC who called out Barney Frank for being a liar and a fraud. As we've previously shown, Barney Frank (THE CHAIRMAN OF THE HOUSE FINANCIAL SERVICES COMMITTEE) is very confused about the actual workings of our monetary ...
US President Barack Obama held a strategy session Friday with the two key lawmakers tasked with shepherding a sweeping financial regulatory overhaul bill to his desk in a matter of weeks.Obama, who has made enacting the measure his top domestic goal, met ...
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