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14 Mar 2011, 1:23 pm
According to Reuters, banks foreclosed on 1.05 million homes in the U.S. in 2010. [read post]
13 Mar 2011, 6:06 pm
(AB Report, para. 354) (The AB also cited the fact that the government appoints the banks' management. [read post]
11 Mar 2011, 2:28 pm
Heightening concerns for some of them: Far fewer newly issued muni-bonds are insured now—6.2%, versus 57% in 2005, according to Bank of America Merrill Lynch. [read post]
10 Mar 2011, 7:53 pm
Filed under: banking, consumer financial protection bureau, consumer protection, credit cards, economics, regulation [read post]
10 Mar 2011, 6:52 am
There won’t be any lending by private sector banks in this country until… well, until there ARE some private sector banks in this country. [read post]
9 Mar 2011, 7:30 pm
If Congressional Republicans and pundits have a better idea, I'm all ears. [read post]
8 Mar 2011, 7:17 am
The Act is careful to eliminate the opportunity for Congressional interference in the details of rules. [read post]
26 Feb 2011, 11:00 pm
Dan Vorhaus, on the Genomics Law Report, on DNA Day, established by Congressional resolution in 2003 to commemorate the 50th anniversary of the description of the double-helix structure of DNA and to celebrate the publication of the final consensus human genome sequence produced by the Human Genome Project. [read post]
26 Feb 2011, 11:00 pm
Dan Vorhaus, on the Genomics Law Report, on DNA Day, established by Congressional resolution in 2003 to commemorate the 50th anniversary of the description of the double-helix structure of DNA and to celebrate the publication of the final consensus human genome sequence produced by the Human Genome Project. [read post]
25 Feb 2011, 12:10 pm
” In congressional testimony, Federal Reserve Chairman, Ben S. [read post]
25 Feb 2011, 9:29 am
There is a statutory exemption for small issuers under $10 billion in assets from the new debit fee rules.The Senators noted that in recent congressional testimony both Fed Chair Ben Bernanke and FDIC Chair Shelia Bair similarly expressed concern about the efficacy of the interchange fee exemption. [read post]
25 Feb 2011, 9:18 am
He has lectured at dozens of universities throughout the country and has testified before congressional and regulatory hearings. [read post]
25 Feb 2011, 6:00 am
The third was Louisville Joint Stock Land Bank v. [read post]
24 Feb 2011, 5:49 am
I’ve blogged about the 1879 battle between President Hayes and Congressional Democrats (“The Battle of the Riders”), and my book talks about the 1842 government shutdown crisis between President Tyler and Henry Clay, the leader of Congressional Whigs. [read post]
17 Feb 2011, 5:40 pm
One area of concern is the potential application of the Section 716 pushout rules to foreign branches of US banks, said SIFMA, which was not the Congressional intent of Title VII. [read post]
16 Feb 2011, 5:26 pm
The letter was signed by Banking Committee members Mike Johanns (R-NE), Herb Kohl (D-WI), Mike Crapo (R-ID), Roger Wicker (R-MS), David Vitter (R-LA), Jerry Moran (R-KS), and John Tester (D-MT), as well as Senate Finance Committee Chair Max Baucus (D-MT). [read post]
15 Feb 2011, 3:44 pm
According to the Chairman, Dodd-Frank placed the Bureau within the purview of the Federal Reserve Board without any Congressional oversight or financial accountability guiding the Bureau’s actions. [read post]
15 Feb 2011, 8:32 am
It is likely that the issue over funding for the SEC will come to a head in the early part of this congressional session. [read post]
11 Feb 2011, 10:01 pm
[I stressed that this was what President Jackson did when he vetoed the renewal of the second national bank after the Court had upheld it as constitutional in McCulloch v. [read post]
11 Feb 2011, 6:45 am
CICO is, in other words, a built in frustrater of Congressional intent. [read post]