Topic: Christopher Dodd

Senate Financial Reform Bill Stalls

The financial regulatory overhaul bill sponsored by Sen. Christopher Dodd, D-Conn., " stalled out" on the Senate floor Monday, according to The Wall Street Journal. Democrats fell just three votes short of beginning debate on the measure.. Key components of the legislation ...

Top Senate Democrats near derivatives deal: sources

WASHINGTON (Reuters) - The two Democratic Senators charged with writing rules for the $450 trillion private swaps market are near a deal, and will include a provision to require banks to spin off swaps desks, people familiar with the talks said on ...
After the devastation wrought by the subprime crisis and the failure of Lehman Brothers, the Congress is finally getting close to passing essential legislation to fix our broken financial system. Below some key components of the Senate's (Senator Chris Dodd's) financial reform ...

Top GOP senator, White House clash on financial reform

WASHINGTON (Reuters) - The White House said "yes we can" on financial regulatory reform on Tuesday, while the top Republican in the U.S. Senate said "no we won't."A bare-knuckles fight is coming in days ahead as the Obama administration and congressional Democrats ...
Late last month, the Senate Banking Committee approved a financial regulatory reform package sponsored by Sen. Christopher Dodd, D-Conn. Unlike its counterpart in the House of Representatives, the Senate bill does not yet include a provision that would exempt small businesses from ...

"Too big to fail" in crosshairs of reform debate

WASHINGTON (Reuters) - A Democratic lawmaker and top bank regulator on Monday defended legislative efforts that they say would end the perception that some firms are "too big to fail," challenging Republican complaints about the financial reform bills.The defense of the financial ...

Geithner sees Republican support on financial reform bill

WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner said Friday he believed the Senate was "very close" to a financial reform bill that protects consumers and limits financial company risk taking that will win Republican supporters."We're very close on the substance," Geithner told ...

Sen Dodd urges financial reform ahead of recess

WASHINGTON (Reuters) - Senate Banking Committee Chairman Christopher Dodd said on Friday that Congress "must not fail" to reform financial regulation and defended a bill approved this week by his committee.With the Senate about to adjourn for a two-week recess, Dodd, a ...

Democrats aim at GOP split on financial reform

WASHINGTON (Reuters) - Democratic lawmakers dug in again on Thursday to break off just enough support from Republicans to keep an overhaul of the U.S. financial system moving in the Senate.The bill crafted by Senator Christopher Dodd, chairman of the Senate Banking ...
Back on March 11, when Chris Dodd put financial reform on a forced short timetable, I said that " Well, that date has been and gone, and now a bill with no Republican support has been pushed through the Senate banking committee ...