Dodd-Frank

Governments Campaigning to Control the Narrative

<b>Michael Greenberger</b> takes a critical look at a Dodd-Frank loophole that could affect the future of the American economy. <b>Deborah Willis</b> discusses black images, representation, and culture in the mainstream. <b>Ann Babe</b> sheds light on North Koreans migrating to South Korea for a better (but still …

South Korea

Koch group pressures Heitkamp on Kavanaugh, but says it's not helping Cramer

A group affiliated with the Koch brothers network is pressuring Sen. Heidi Heitkamp, D-N.D., to support the confirmation of Brett Kavanaugh, …

Politics

Prop trading on Wall Street lives on as Citi is smacked with fine by SEC

It was banned following the financial collapse, but proprietary trading by Wall Street banks lives on.<p>Citigroup was smacked with a $10.5 million fine by the Securities and Exchange Commission this week over multiple infractions, including allegations that from 2013 to 2016 rogue Citi traders …

Markets

Your Boss Could Be Making 312 Times More Than You Are

Finally, there is data to back up the nagging feeling millions of U.S. workers experience every pay period: their bosses really are making hundreds …

Liberal View

It's High Time To Stop The Dodd-Frank Blame Game

Eight years after The Wall Street Reform and Consumer Protection Act was signed, there are still a number of analysts and lobbyists who keep blaming this landmark financial reform legislation for alleged slowdowns in the US economy. In a recent piece entitled Trump Poised to Take Control of the …

Finance

This Week In Money - August 11, 2018

• Ross Clark - Meltdown of the Turkish Currency.<br>• Gerald Celente - Tariffs, Trump, Canada, Social Media, China and Occupy Peace.<br>• Ellen Brown - Central …

Business

Trump cuts staff from financial watchdog office: report

Around 40 staff members at the Office of Financial Research were told they are losing their jobs on Wednesday, according to Reuters.<p>The office, part …

Donald Trump

Vulnerable Dems side with Warren in battle over consumer bureau

Some of the Senate's most vulnerable Democrats are siding with Sen. Elizabeth WarrenElizabeth Ann WarrenEarly polls favor Biden but Senate officials …

Republicans

Did Goldman Sachs Just Make Its Move to Cryptocurrency?

Cryptocurrency custody services are a relatively new innovation for the space. Custody services are third-party solutions for the secure storage of …

Goldman Sachs

Multinational Accounting Firms: 3-member expert panel seeks more time from Supreme Court

The MCA-appointed 3-member expert panel to recommend an oversight mechanism to regulate multinational accounting firms (MAFs) has sought more time f

Business (India)

8 Years Later, the Damage of Dodd-Frank Continues to Mount

President Donald Trump signed into law the Economic Growth, Regulatory Relief, and Consumer Protection Act on May 24 to, among other things, provide …

Conservative View

MonitorBase Debuts Mortgage Lender Email Tool

MonitorBase, a provider of a data and analytics platform, has launched a service to help mortgage lenders extend credit offers via email.<p>The tool …

Email Marketing

A Democrat's Case for Kathy Kraninger at CFPB

Since the Consumer Financial Protection Bureau's founding in 2011 via the Dodd-Frank legislation, few government agencies have been beset by more …

Investing

War over Dodd-Frank is far from over

It’s been eight years since final passage of the Dodd-Frank Act. Since then, Republicans in Congress have focused much of their efforts on …

Financial Services

Rep. Himes showed courage on bank regulatory relief vote

Martin J. Geitz<p>In the past few weeks, two Connecticut community banks, each with well over 100 years of history serving central Connecticut, …

Hartford

Restrictions You Need To Know About Seller Financing

Many times a buyer doesn’t have the necessary capital, credit, or financing options to purchase a home. Seller or owner financing provides a solution for buyers who ordinarily wouldn’t be able to obtain conventional financing. However, in some situations seller financing makes the seller a lender. …

Real Estate

On Anniversary of Dodd-Frank Lets Liberate Markets

Eight years ago this month, the Democratically-controlled U.S. House and U.S. Senate passed, and President Barack Obama signed into law, the …

Conservative View

Winklevoss twins bitcoin ETF rejected by SEC

<i>This is a developing story. Check back for updates.</i>

Cryptocurrency

RD Legal Funding Files Answer To Complaint In CFPB/NYAG Lawsuit

Article ByBarbara S. MishkinBallard Spahr LLPConsumer Finance MonitorRD Legal Funding has filed an answer to the complaint in the lawsuit filed …

Law

Senator slams muni bond regulator as ‘incestuous’

Sen. John Kennedy, a Republican of Louisiana, on Tuesday slammed the self-regulatory body that oversees the $3.8 trillion muni-market “an …

Financial Regulation

Maine Banker Thanks Congress For Listening

As the engines behind local economic growth for centuries, community banks have long been a vital part of small businesses and the communities they serve. Community banks, while small, have a substantial impact on our country’s prosperity. The Federal Deposit Insurance Corporation (FDIC) has stated …

Small Business

Dodd-Frank is a success story: Progressives, former regulators

Elizabeth Warren, Sheila Bair and other regulatory hawks at a D.C. event hailed the reforms enacted in the wake of the 2008 crisis.

Trump Administration

Bank Capital and Stress Tests: The Foundation of a Thriving Economy

Tags: Financial stability, Regulation, Banks, Shadow banks, Bank capital, Capital requirements, Stress test, Leverage, Self-insurance, Debt overhang, …

Administrative Law

Ten years after the financial crisis, a $808 trillion market still has blind spots

"You can start running 'stress tests' and see where the weaknesses are. With this kind of patchwork, you will never be able to see that."<p>Derivatives …

Commodities

A decade after the financial crisis, derivatives market is still a murky world

In the maze of subsidiaries that make up Goldman Sachs Group, two in London have nearly identical names: Goldman Sachs International and Goldman …

Commodities

Wall Street reform law enacted, July 21, 2010

On this day in 2010, President Barack Obama signed into law a measure aimed at overhauling the financial services industry.<p>The Wall Street Reform and Consumer Protection Act grew out of the Great Recession (2007-09) with the intent of preventing another collapse of a major financial institution. It …

Wall Street

Congressman Rick Larsen on why he voted to roll back Dodd-Frank regulations

Bill Radke talks to Congressman Rick Larsen, who broke with fellow Democrats yesterday to vote for a partial rollback of Dodd-Frank banking …

Washington State

More babies may be dying in Congo due to Dodd-Frank law on ‘conflict minerals’

Infant deaths in Congo surge because of U.S. bank law that tried to tame violence in the so-called conflict minerals trade that once supplied Apple.

Africa

CMS Energy CEO out-earns median worker 41:1 - state average is 339:1

JACKSON, MI - The median CMS Energy worker earned $167,636 in 2017.<p>CEO Patti Poppe earned 41 times more than that, with a net compensation of $6.86 …

Compensation

Lessons for next financial crisis from 3 key ex-officials

Three officials who played vital roles in combating the 2008 financial crisis say they worry that the painful lessons from the banking system's …

St. Louis