Barney Frank Cheers FSOC for Role in Money Market Fund Overhaul
Before a House committee, Barney Frank commented on several controversial aspects of his namesake financial reform law, including one that makes him "nervous."
Dodd-Frank’s FSOC Under Fire as Americans Push for Wall Street Crackdown
Just as a poll shows Americans back tough regulations on Wall Street, regulators and lawmakers continue to sharply criticize the Financial Stability Oversight Council.
Garrett Brings NY Fed Into FSOC Issues
Rep. Scott Garrett is demanding that the New York Fed share with him any information it provides to the FSOC on nonbank SIFI designations.
House Committee Votes to Block SIFI Designations
The two bills would effectively shutter the FSOC for a year, but analysts give them little chance of becoming law.
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.
Yellen, Not Debt Ceiling Debate, to Spark Washington Fireworks
While Yellen will face tough critics Tuesday, analysts are optimistic that a debt limit bill will pass prior to the Feb. 27 deadline.
Lawmakers: SEC Failed to Analyze Volcker Rule, Broke Federal Law
A congressional hearing on Wednesday focused on the unintended consequences of the Volcker Rule.
Lawmaker Calls SEC’s Delay on JOBS Act Promotion Rule ‘Completely Unacceptable’
The House hearing on Thursday addressed crowdfunding and concerns on how to verify "accredited investors" for the purpose of advertising private offerings.
Dodd-Frank Should Not Be Repealed: House Hearing Consensus
While they had many complaints about the Dodd-Frank Act, all of the financial services representatives testifying at a House Financial Services hearing stopped short of saying the law needs to be repealed.
House to Hammer Dodd-Frank Throughout July
July 21 marks the second anniversary of the Dodd-Frank Wall Street Reform and Consumer Protection Act being written into law, and the House Financial Services Committee is planning to challenge its merits all month long.