By Kevin Drawbaugh
WASHINGTON, Sept 20 (Reuters) – The U.S. Senate’s top legislator on financial regulation favors reducing the number of bank supervisory agencies more sharply than the Obama administration proposes, said a senior Senate aide on Sunday.
Senior US senator favors bank super-cop idea -aide
US Sen Dodd to remain banking panel chairman – aide
WASHINGTON, Sept 9 (Reuters) – U.S. Senator Christopher Dodd will remain chairman of the Senate Banking Committee and not take over the health committee after the death of his friend, Senator Edward Kennedy, a Senate aide said on Wednesday.
By staying at banking, Dodd will prevent potential further delays in an already bogged-down push by Democrats to tighten regulation of banks and capital markets in response to the 2008-2009 financial crisis, the worst in decades.
-
Author Profile
-
