Financial Regulatory Forum

Bernanke confirmation shakier as more Democrats defect

January 22, 2010

By Thomas Ferraro and Pedro da Costa

WASHINGTON, Jan 22 (Reuters) – Ben Bernanke’s nomination for a second term as U.S. Federal Reserve chairman, once seen a sure thing, appeared increasingly under threat on Friday after two Senate Democrats said they would vote against it.

EXCLUSIVE-Bank cop reworked in Senate financial bill-sources

January 22, 2010

By Kevin Drawbaugh

WASHINGTON, Jan 21 (Reuters) – The beat walked by a proposed super-cop for banks is shrinking in the latest financial regulation reforms being debated in the U.S. Senate, said sources familiar with committee negotiations on Thursday.

ANALYSIS – Change in Senate sharpens U.S. regulatory reform fight

January 20, 2010

By Kevin Drawbaugh

WASHINGTON, Jan 20 (Reuters) – The financial regulation debate is set to get more divisive after Massachusetts voters elected a Republican senator, with Democrats and Republicans both trying to tap Americans’ deep anger over the economy.

INTERVIEW-Watchdog’s fate in U.S. Senate key to financial reform

January 19, 2010

By Kevin Drawbaugh

WASHINGTON, Jan 18 (Reuters) – The tag on U.S. financial regulation reform may as well say “Made on Wall Street” if bank lobbyists manage to gut the Obama administration’s proposed consumer watchdog agency,  Elizabeth Warren said.

Special bankruptcy court for banks mulled in U.S. Senate

January 12, 2010

By Rachelle Younglai

WASHINGTON, Jan 11 (Reuters) – Key U.S. senators are considering the creation of a special bankruptcy court for troubled financial services firms, a person familiar with the plans said on Monday.

U.S. seen extending homebuyer tax credit soon

October 26, 2009

A vacant lot owned by Toll Brothers is shown for sale in a housing development in Broomfield, Colorado August 12, 2009. REUTERS/Rick Wilking (UNITED STATES BUSINESS)  By Steve Holland and Corbett B. Daly
WASHINGTON, Oct 26 (Reuters) – The U.S. Senate is expected to act later this week to extend a popular tax credit for first-time homebuyers that is scheduled to expire at the end of next month, Sen. Bill Nelson said on Monday.