Financial Regulatory Forum

ANALYSIS-Financial reform to give Obama limited lift at G20

June 25, 2010

By Caren Bohan

WASHINGTON, June 25 (Reuters) – The win President Barack Obama racked up on U.S. financial regulation reform on Friday will give him a boost at this weekend’s Group of 20 summit in Toronto but probably only a limited one.

Top Republican senator, White House clash on financial reform

April 14, 2010
McConnell says 'No'

McConnell says 'No'

   By Kevin Drawbaugh
   WASHINGTON, April 13 (Reuters) – The White House said “yes we can” on financial regulatory reform on Tuesday, while the top Republican in the U.S. Senate said “no we won’t.” (more…)

ANALYSIS – Obama tackles Wall Street reform in next big push

March 25, 2010

By Caren Bohan

WASHINGTON, March 25 (Reuters) – Fresh from his victory on landmark healthcare legislation, U.S. President Barack Obama is ready to take on Wall Street.

BREAKINGVIEWS – UK bank tax could raise up to 3.6 billion sterling a year

March 24, 2010

— The authors are Reuters Breakingviews columnists. The opinions expressed are their own —

Obama reasserts Volcker rule, U.S. Senate bill seen

March 4, 2010

WASHINGTON, March 3 (Reuters) – The Obama administration reasserted its commitment to banning proprietary trading by banks with draft legislative language on Wednesday, despite signs that the U.S. Congress is unlikely to adopt such a rule.

Obama lays out “Volcker rule” specifics for Congress

March 3, 2010

By Karey Wutkowski and Rachelle Younglai

WASHINGTON, March 3 (Reuters) – U.S. banks would be banned from proprietary trading and other large financial firms would face quantitative limits on such activity, according to draft language on the so-called “Volcker rule” from the Obama administration.

PENPIX – Whom will Obama name to fill U.S. Fed vacancies?

March 3, 2010

WASHINGTON, March 3 (Reuters) – President Barack Obama is sifting through candidates for three vacant seats on the Federal Reserve Board, including the No. 2 spot that comes open when Vice Chairman Donald Kohn departs on June 23.

U.S. Fed Vice Chairman Kohn to step down, Obama gets chance to reshape

March 1, 2010

By Mark Felsenthal

WASHINGTON, March 1 (Reuters) – Federal Reserve Vice Chairman Donald Kohn, a 40-year veteran of the U.S. central bank, will step down in late June, giving President Barack Obama a chance to reshape the institution.

ANALYSIS – U.S. trader tax plan faces big hurdles

February 19, 2010

By Kim Dixon and Doris Frankel

WASHINGTON/CHICAGO, Feb 19 (Reuters) – The Obama administration’s proposal to end preferential tax treatment for derivatives traders — a move that critics say would raise the cost of trading — faces steep hurdles if it is ever to become law.

Obama stimulus plan halted economic freefall – White House report

February 17, 2010

WASHINGTON, Feb 16 (Reuters) – U.S. President Barack Obama’s $787 billion stimulus prevented another Great Depression while creating or preserving 2 million jobs, according to a White House report to be released on Wednesday.