Financial Regulatory Forum

Reuters Summit-U.S. FDIC seeks bailout ban, risk fees

Reuters Staff
Oct 21, 2009 18:34 UTC
bailouts | christopher dod | federal deposit insurance corp | office of the comptroller of the currency | office of thrift supervision | over-the-counter | regulatory reform | sheila bair

Chairman of the Federal Deposit Insurance Corporation (FDIC) Sheila Bair speaks with reporters during the 2009 Reuters Washington Summit in Washington October 21, 2009. REUTERS/Jonathan Ernst (UNITED STATES POLITICS BUSINESS) By Karey Wutkowski
WASHINGTON, Oct 21 (Reuters) – Congress should eliminate any possibility of temporary bailouts in draft legislation that would give the government power to break up troubled, systemic financial firms, a top U.S. bank regulator said on Wednesday.

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“Fed fatigue” weighs on Obama regulatory push

Reuters Staff
Jul 24, 2009 02:57 UTC
christopher dod | FED | Financial Regulatory Forum | Obama | regulations

USA-FED/BERNANKE-TESTIMONY By Kevin Drawbaugh

WASHINGTON, July 23 (Reuters) – The Obama administration wants to hang a new shingle over the U.S. Federal Reserve’s marble-columned door that says “systemic risk regulator.” But many lawmakers, from both parties, aren’t feeling very confident about the Fed. It’s an issue surrounding a central part of President Barack Obama’s plan to overhaul financial regulation and it prompted skeptical comments at a Senate hearing on Thursday. (more…)

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