WASHINGTON, March 2 (Reuters) – The top Republican on the U.S. Senate Banking Committee said on Tuesday that the powers granted to a new financial government consumer watchdog are more important than its location in the federal bureaucracy. (more…)
Financial watchdog’s power crucial — Obama aide
By Kevin Drawbaugh and Caren Bohan
WASHINGTON, Feb 22 (Reuters) – An Obama administration spokesman on Monday stressed the importance of “independent authority” for a proposed U.S. financial consumer watchdog and said where it was “housed” was another issue. (more…)
Senators lift US financial reform talks back on track
Dodd snubs Shelby
By Kevin Drawbaugh
WASHINGTON, Feb 11 (Reuters) – In an unusual move that cut a senior Republican out of the loop, bipartisan U.S. Senate negotiations resumed on Thursday on financial regulation reform, a top priority of the Obama administration. (more…)
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