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Tag: Financial Regulation

SEC Chair Seeks to Oust Regulator Who Regulated Auditing Firms

The head of the Securities and Exchange Commission says she will replace the chair of a group formed to keep auditors of publicly traded companies honest with someone likely to be more amenable to corporate interests.

Posted on Sep 25, 2015 READ MORE

Sen. Warren’s Critique of the Trans-Pacific Partnership Puts Prickly Obama on Defense

The senator’s unyielding criticism of the proposed trade treaty has driven the president into uncharacteristic contortions as he defends what he alleges to be “the most progressive trade deal in history”—a deal that contains certain elements he won’t allow the public to see.

Posted on May 14, 2015 READ MORE

insane photoholic (CC BY 2.0)

Austerity Muzzles Wall Street Regulators

American austerity is finally having one of its deep, pernicious effects in the service of runaway capitalists—preventing government regulators from regulating due to inadequate funds.

Posted on Nov 1, 2013 READ MORE

WarmSleepy (CC BY 2.0)

Not Too Big to Jail: Eliot Spitzer Is Wall Street’s Worst Nightmare

Before his infamous resignation as governor of New York in March 2008, Eliot Spitzer was one of our fiercest champions against Wall Street corruption in a state that had some of the toughest legislation for controlling the banks—and by extension, an advocate for women.

Posted on Aug 19, 2013 READ MORE

AP/Alex Brandon

Fed Chairman Bernanke: ‘I Agree With Elizabeth Warren 100 Percent’ on Big Banks

If Bernanke’s stance is any indication, Sen. Warren, who was just sworn in this January, is already having a positive impact on Washington.

Posted on Mar 21, 2013 READ MORE

AP/Michael Dwyer

Truthdigger of the Week: Elizabeth Warren

At a Senate hearing Thursday, Elizabeth Warren exposed and shamed regulators for failing to prosecute banks that played a leading role in the financial crisis.

Posted on Feb 16, 2013 READ MORE

Left, Right & Center

‘Left, Right & Center’: The McChrystal Affair; Financial Regulation Redux

On this week’s show, Robert Scheer opines that the current financial regulation bill favors big banks—here we go again—and doesn’t do much to help consumers. Meanwhile, Gen. Stanley McChrystal is free to explore other career options.

Posted on Jun 25, 2010 READ MORE

Euro symbol
AP / Daniel Roland

U.S. Stocks Take a Nosedive as Euro Worries Rise

The Icelandic volcano isn’t the only problem blowing over from Europe, judging by Thursday’s dismal stock market dive, touched off in part by problems in the euro zone as well as homegrown concerns about the American government’s plans for financial regulation.

Posted on May 20, 2010 READ MORE

Wall Street
Wikimedia Commons / Martin St.-Amant

Wall Street Fat Cats Revolt, Send Money to GOP

In case it wasn’t made perfectly clear in recent months how the American political system actually operates on its uppermost levels, here we have an object lesson to consider: Upset by the notion that the Obama administration might be working on regulating the financial industry next, some of Wall Street’s bigwigs are now focusing their funding efforts on the GOP.

Posted on Feb 8, 2010 READ MORE

Obama and Senate Dems
AP / Pablo Martinez Monsivais

Obama Tells Senate Dems to Step Out of the ‘Echo Chamber’ (Update: Video)

President Barack Obama gave Senate Democrats a pep talk Wednesday, rallying the battle-fatigued and dispirited among them by reminding of the need to “finish the job” concerning health care and financial reform and recommending that they refrain from taking their cues from cable TV news and the blogosphere. Instead, Obama said, they would do well to get out and talk to ordinary Americans.

Posted on Feb 3, 2010 READ MORE

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