Financial Regulatory Forum

Financial reform talks break down in U.S. Senate

By Reuters Staff
February 5, 2010
Dodd and Shelby, in happier times

Dodd and Shelby, in happier times

By Kevin Drawbaugh and Kim Dixon

WASHINGTON, Feb 5 (Reuters) – Bipartisan efforts to tighten U.S. financial regulation ground to a halt in the Senate on Friday, leaving Democrats to proceed on their own and painting Republicans into an uncomfortable political corner.

Volcker urges U.S. curbs on big banks’ risky trades

By Reuters Staff
February 2, 2010

By Kevin Drawbaugh and Rachelle Younglai

WASHINGTON, Feb 2 (Reuters) – White House economic adviser Paul Volcker urged Congress on Tuesday to rein in risky investing by big banks to prevent them from becoming “too big to fail.”

US Senate panel to hear from Volcker on bank plan

By Reuters Staff
January 26, 2010

WASHINGTON, Jan 26 (Reuters) – Former Federal Reserve Chairman Paul Volcker is tentatively scheduled to testify next week on the latest White House bank regulation proposals to the U.S. Senate Banking Committee, two Democratic aides told Reuters on Tuesday.

U.S. Senate banking panel moves to muzzle consumer watchdog

By Reuters Staff
January 12, 2010

By Kevin Drawbaugh and Rachelle Younglai

WASHINGTON, Jan 12 (Reuters) – The Obama administration’s proposal to create a new U.S. agency to protect financial consumers is fast losing support in the U.S. Senate Banking Committee, said lobbyists and analysts on Tuesday.

Johnson seen taking over as U.S. Senate banking panel chief

By Reuters Staff
January 7, 2010

By Karey Wutkowski and Rachelle Younglai

WASHINGTON, Jan 6 (Reuters) – South Dakota Democratic Senator Tim Johnson, a champion of community banks and credit card companies, is expected to take over the chairmanship of the influential U.S. Senate Banking Committee in 2011.

U.S. Senate panel nears agreement on role of Fed

By Reuters Staff
January 6, 2010

By Rachelle Younglai

WASHINGTON, Jan 6 (Reuters) – As Congress moves to reform U.S. financial regulation, key senators are nearing bipartisan agreement on stripping the Federal Reserve of its authority to supervise banks, two people familiar with the matter said.

Banking chief Dodd to leave US Senate

January 6, 2010

By Thomas Ferraro and Steve Holland

WASHINGTON, Jan 6 (Reuters) – Veteran Democratic Senator Christopher Dodd,  leader of a financial regulation overhaul in the Senate, said on Wednesday he will not seek re-election in November in recognition that he faced an uphill battle and underscoring upheaval facing President Barack Obama’s Democrats.

Global financial regulation overhaul seen in 2010

January 6, 2010

By Kevin Drawbaugh and Huw Jones

WASHINGTON/LONDON, Jan 6 (Reuters) – Global financial regulation has changed little since the 2008 banking crisis, but that won’t be the case much longer.

Banking chief Dodd to leave US Senate – sources

By Reuters Staff
January 6, 2010

By Thomas Ferraro

WASHINGTON, Jan 6 (Reuters) – U.S. Senate Banking Committee Chairman Christopher Dodd, a key player in still-unfinished work to overhaul U.S. financial regulations, will announce on Wednesday he will not seek re-election in November, two senior Democratic party aides said.

Key U.S. senators see deal on regulatory reform

By Reuters Staff
December 23, 2009

   WASHINGTON, Dec 23 (Reuters) – The top Democrat and Republican on the U.S. Senate Banking Committee said on Wednesday they hoped to resolve their differences on financial regulatory reforms before the Senate reconvenes in January.