Topic: Richard Shelby
WASHINGTON (Reuters) - Financial reform legislation being debated by the Senate needs to overhaul government involvement in U.S. mortgage finance giants Fannie Mae and Freddie Mac, Senator Richard Shelby, the lead Republican on the Senate Banking Committee, said on Saturday. As the ...
US Senate Democrats Thursday blocked a Republican bid to amend plans to shield consumers from predatory lending, after President Barack Obama warned the move would "gut" his financial reform bill. Two Republican senators joined the Democrats to defeat the amendment to legislation ...
Republicans circulate alternative regulatory plan in wake of filibuster of Democratic billRepublicans are circulating an alternative plan for financial regulation that would provide more limited consumer protections than Democrats and would impose new regulations on mortgage giants Fannie Mae and Freddie Mac. ...
New bank tax gaining support in Congress as Democrats look to finance election-year agendaA new tax on large banks is picking up support in Congress as Democrats target financial institutions that benefited from the Wall Street bailout to help pay for their ...
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 ...
Administration calls for limits on size of financial institutions, pushes consumer protectionsThe Obama administration waded into negotiations over Wall Street regulations Wednesday, calling for limits on the size of financial institutions and insisting that consumer protections remain a central objective of legislative ...
WASHINGTON (Reuters) - A senior Republican U.S. senator has made at least two counter-offers to Democrats on creating a new government watchdog for financial consumers, Reuters learned on Monday from aides and documents. Senator Richard Shelby proposed making the watchdog a division ...
WASHINGTON (Reuters) - Bipartisan agreement in the Senate on financial reform hit a snag on how much power to give a consumer watchdog office being proposed by Democrats, with marathon talks resuming on Sunday. The legal fine points of the dispute were ...
Senate opposition to Fed thaws; central bank might retain some regulatory powersThe Federal Reserve, once in danger of being stripped of its bank supervision powers by the Senate, is getting a second look from key lawmakers amid a new flurry of bipartisan ...
WASHINGTON (Reuters) - A bipartisan agreement on financial regulation reform was close at hand on Thursday in the Senate, with lawmakers working to overcome a key obstacle -- creating a new financial consumer watchdog. In a sign that serious deal-making was finally ...
Photo Gallery
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Financial Overhaul Lawmakers Interest
FILE - In this April 21, 2010 file photo, Sen. Richard Shelby, R-Ala ...AP News - -
Financial Overhaul
Senate Minority Leader Mitch McConnell, R-Ky., Sen. Richard Shelby, R-Ala., and Sen ...AP News - -
Financial Reform
Sen. Richard Shelby, R-Ala., ranking member on the Senate Banking committee, speaks ...AP News -
