Senate Passes Landmark Financial Services Reform Bill
The Senate passed Thursday, July 15, the massive 2,300-page financial services reform bill; the bill now goes to President Obama for his signature, which is expected in the coming days.
SENATE PASSES LANDMARK FINANCIAL SERVICES REFORM BILL
Bill heads for President Obama's signature; the $19 billion Wall Street reform will be covered by ending the Troubled Asset Relief Program (TARP) and by charging an extra premium to large banks by the Federal Deposit Insurance Corp. (FDIC).
For Financial Reform Bill, All Signs Point to Senate Passage This Week
Having garnered key "yes" votes from three Republican Senators, Democratic leaders said Tuesday, July 13, they were confident the financial services reform bill would be passed by the Senate this week, and then sent to President Obama for his signature.
Financial Reform: Passage This Week, Senate Sources Predict
Three key Republican Senators now on board to support the bill.
Financial Reform Bill: Sen. Cantwell Switches to 'Yes' Vote
Republican Senators Brown, Grassley, Snowe, and Collins still undecided.
In Reform Bill, Congress Will Miss Obama's July 4 Deadline
The House and Senate will miss their deadline to send the financial services reform bill to President Obama for his signature by July 4.
Senator Brown Scuttles Reform Bill Deal, Forcing Lawmakers Back to Conference
Top Democratic negotiators reopened negotiations on the financial services reform bill June 29, to remove a $19 billion tax on big banks and hedge funds that Republican Senator Scott Brown of Massachusetts said he could not support.
Senator Byrd's Death May Hold Up Passage of Reform Bill
With the death of Senator Robert Byrd (D-West Virginia) at 92 in the early hours of Monday, June 28, questions remain whether his passing will complicate passage of the financial services reform bill.
Democrats Succeed on Dodd Bill Cloture Vote in Senate; Final Vote Expected Soon
Senate Democrats were successful on Thursday, May 20, in invoking cloture on Senator Christopher Dodd's (D-Connecticut) financial services reform bill, S. 3217.
The president's bogus challenge
Republicans are rightly skeptical of the president's outstretched hand, given his call for bipartisanship now, only after Scott Brown's win and his back against the...