House Seeks 6-Month Halt on SIFI Designations
House Financial Services will vote Thursday on a bill that would bar the FSOC from designating any financial institution as systemically significant for six months.
Lawmakers’ Prodding of SEC, DOL Fiduciary Collaboration a ‘Tactic,’ Consumer Groups Say
Lawmakers want SEC to go first on fiduciary because BDs and insurers expect to find the commission's rule more favorable, suggests CFA's Barbara Roper.
GOP Jumps on Minimum Wage Job-Loss Report
The CBO report said boosting the minimum wage may cost as many as 500,000 people their jobs.
SEC Proxy Advisory Roundtable to Discuss Conflicts of Interest, Competition
Former SEC Chairman Harvey Pitt will be among the panelists at SEC's Dec. 5 proxy advisory firm roundtable.
Bernanke on Occupy Wall Street Protesters: ‘Can’t Blame Them’
The Occupy Wall Street movement has some found legs, and Ben Bernanke, the Fed chief, seems to be at least a bit on the side of the protesters, as labor unions have now joined the demonstrations in New York.
Rep. DeFazio Aims to Tax Trading
Rep. Peter DeFazio, D-Ore., is doing it again—partnering with Sen. Tom Harkin, D-Iowa, to present a bill to tax trades of stocks, bonds and derivatives. The two previously tried in 2009 to propose such a measure, but it failed.
Estate Tax Backed by Nonprofit Group and Wealthy
The group United for a Fair Economy (UFE) held a press conference call on Wednesday, July 21, seeking the return of a robust estate tax.
Pelosi and Reid announce three members to Oversight Panel
WASHINGTON /PRNewswire-USNewswire/ -- Speaker Nancy Pelosi and Senate Majority Leader Harry Reid announced today the appointment of three members to the Congressional Oversight Panel, which...
Why Is the FPA Backing This Bill?
A pending reform bill would promote double dipping