FDIC Chairwoman Bair Too big to fail has become worse. Its become explicit when it was implicit before.
Treasury Sec. Geithner Most consequential choices involve shades of gray, and some fog is often useful in getting things done.
Oct. 29, 2009 | House Committee Hearing The House Committee on Financial Services holds a hearing titled “Systemic Regulation, Prudential Matters, Resolution Authority and Securitization.” Submitted Testimony
Oct. 29, 2009 | House Committee Markup | Voting Summary The House Committee on Energy and Commerce hold a markup of the Consumer Financial Protection Agency Act of 2009 (H.R. 3126) and vote 33 – 19, to approve the legislation with several amendments. The amendments would, among other things, require the CFPA to be managed by a [...]
Oct. 28, 2009 | Senate Committee Hearing The Senate Subcommittee on Securities, Insurance and Investment holds a hearing titled “Dark Pools, Flash Orders, High Frequency Trading, and Other Market Structure Issues.” Submitted Testimony and Member Statement
Oct. 27, 2009 | House Committee Markup The House Committee on Financial Services holds a markup of four pieces of legislation: the discussion draft of the Private Fund Investment Advisers Registration Act of 2009 (H.R. 3818); the discussion draft of the Investor Protection Act of 2009 (H.R. 3817); an amendment to the Federal Insurance Office Act [...]
Oct. 27, 2009 | Press Release The House Committee on Financial Services approves the Private Fund Investment Advisers Registration Act of 2009 (H.R. 3818) by a vote of 67 – 1. The legislation, among other things, would require all private advisers to private pools of capital to register with the Securities and Exchange Commission, require greater reporting [...]
Oct. 27, 2009 | House Committee Press Release The House Committee on Financial Services and the U.S. Treasury Department issue a discussion draft of the Financial Stability Improvement Act of 2009 (Title I). The legislation, among other things, would create a mechanism for monitoring and addressing threats systemically important firms pose to the U.S. financial system; [...]
Oct. 22, 2009 | House Committee Hearing The House Subcommittee on Commercial and Administrative Law holds a hearing titled “Too Big To Fail—The Role for Bankruptcy and Antitrust Law in Financial Regulation Reform.” Submitted Testimony
Oct. 22, 2009 | House Committee Press Release The House Committee on Financial Services approves the Consumer Financial Protection Agency Act of 2009 (H.R. 3126) by a vote of 39-29. Because the legislation affects other federal agencies (e.g., the Federal Trade Commission) the bill will also be reviewed in other House committees before it can be brought [...]
Oct. 15, 2009 The House Committee on Financial Services approves five of seven proposed amendments to the Consumer Financial Protection Agency Act of 2009 (H.R. 3126). Markup of the bill is expected to continue during the week of Oct. 19 – 23, 2009. Amendments to the Consumer Financial Protection Agency Act of 2009 (H.R. 3126)
Oct. 15, 2009 | Text of House Markup | Voting Summary The House Committee on Financial Services approves the Over-the-Counter Derivatives Markets Act of 2009 (H.R. 3795) by a vote of 43-26. During the markup, Congressional representatives proposed 29 amendments, 22 of which were agreed to. Amendments to the Over-the-Counter Derivatives Markets Act of 2009 (H.R. 3795)
