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By Kenneth Silber |
May 24, 2012
This year’s congressional elections hold considerable potential to reshuffle power on Capitol Hill.
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By Marlene Y. Satter |
February 16, 2012
The Senate Committee on Banking, Housing and Current Affairs heard testimony from three experts on the state of the financial situation in Europe on Thursday, and sought answers to additional questions as members explored how the U.S. might be exposed to the eurozone debt crisis.
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By Gil Weinreich, Advisorone, James J. Green, AdvisorOne |
January 5, 2012
Quincy Krosby, chief market strategist for Prudential Annuities, thinks the 'Fed will probably give us QE3' this year, but will focus on buying mortgage-backed securities rather than Treasuries.
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By Melanie Waddell, AdvisorOne |
January 4, 2012
President Barack Obama on Wednesday named Richard Cordray through a recess appointment as the director of the Consumer Financial Protection Bureau, a move that Senate Republicans cried is unconstitutional.
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By Melanie Waddell, AdvisorOne |
December 13, 2011
As part of an ongoing series of hearings on how to reform housing finance, the Senate Banking Committee heard testimony on Tuesday from the Federal Housing Finance Agency’s first inspector general, Steve Linick.
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By Melanie Waddell, AdvisorOne |
December 8, 2011
The Senate fails to move forward nomination of Richard Cordray as first director of the Consumer Financial Protection Board; GOP says director will wield too much power and that CFPB is unaccountable to Congress.
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By Melanie Waddell, AdvisorOne |
December 6, 2011
Senate lawmakers took Gary Gensler, chairman of the CFTC, to task over failed brokerage firm MF Global and his decision on Nov. 5 to recuse himself from investigating the firm.
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By John Sullivan, Advisorone |
October 6, 2011
Sen. Richard Shelby, the ranking Republican on the Senate Committee on Banking, Housing and Urban Affairs, voiced skepticism on Thursday that the Financial Stability Oversight Council would find success.
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By Melanie Waddell, AdvisorOne |
October 6, 2011
The Senate Banking Committee on Thursday approved, by a party line vote of 12-10, the nomination of Richard Cordray as director of the Consumer Financial Protection Bureau. The nomination now goes to the full Senate.
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By Melanie Waddell, AdvisorOne |
September 22, 2011
Sen. Richard Shelby, R-Ala., ranking GOP member on the Senate Banking Committee, introduced a bill on Thursday that requires financial regulators, like the SEC, to provide rigorous and consistent economic analyses on new rules they propose.