Financial Regulatory Forum

By Kevin Drawbaugh

WASHINGTON, Nov 9 (Reuters) – U.S. Senate Banking Committee Chairman Christopher Dodd will unveil long-awaited draft legislation on financial regulation reform on Tuesday, his office said on Monday.

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   WASHINGTON, Nov 2 (Reuters) – The top Republican on the U.S. Senate Banking Committee wants a bipartisan deal on financial regulation reform, but sees numerous basic issues as still open to debate, an aide told Reuters on Monday.

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By Karey Wutkowski
WASHINGTON, Oct 20 (Reuters) – The Obama administration is planning to send lawmakers a fresh, tougher proposal that would give the government more tools to wind down troubled financial firms and reduce the idea of “too big to fail,” U.S. Treasury Secretary Timothy Geithner said on Tuesday.

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By Kevin Drawbaugh
WASHINGTON, Oct 20 (Reuters) – The watering down of U.S. financial regulation reform in Congress drew questions on Tuesday from consumer advocates wondering what will be left of the Obama administration’s plan once lawmakers are done.

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By Kevin Drawbaugh
WASHINGTON, Oct 14 (Reuters) – A senior U.S. lawmaker lashed out anew over the rich pay packages awarded to executives of bailed-out banks on Wednesday, as Congress took steps to move ahead on financial regulatory reform.

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    WASHINGTON, Oct 7 (Reuters) – President Barack Obama will seek this week to rally support for his proposal to create a watchdog agency that would protect consumers from risky financial products.
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By Karey Wutkowski and Rachelle Younglai
WASHINGTON, Sept 25 (Reuters) – Powerful U.S. lawmaker Barney Frank bowed to some of the financial industry’s demands and softened parts of his bill to create an agency to protect consumers from risky financial products, according to a copy of the draft bill first obtained by Reuters on Friday.

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By Kevin Drawbaugh
WASHINGTON, Sept 23 (Reuters) – U.S. Treasury Secretary Timothy Geithner gave cautious support to paring back the scope of a proposed government agency to protect financial consumers, but argued forcefully on Wednesday for its creation.

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WASHINGTON, Sept 22 (Reuters) – U.S. Treasury Secretary Timothy Geithner said in testimony prepared for delivery on Wednesday that the United States would not identify in advance financial firms that it views as systemically important.
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By Kevin Drawbaugh
WASHINGTON, Sept 22 (Reuters) – The U.S. Congress’ two top legislators on financial reform stressed their points of agreement on Tuesday, despite lingering differences and a prediction from one that the reform debate may be prolonged.

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