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Frank lauds Dodd fight for US financial watchdog2010-02-09 19:24 WASHINGTON, Feb 9 (Reuters) - A senior U.S. lawmaker on Tuesday said he supports Senate Banking Committee Chairman Christopher Dodd's fight for the Obama administration's proposed independent financial consumer watchdog agency. "I welcome Senator Dodd's intention to fight to preserve an independent consumer agency," said House Financial Services Committee Chairman Barney Frank, adding that past consumer protection failures helped cause the financial crisis. "Those who cite safety and soundness as a major reason to oppose increased consumer protection have it exactly backwards. In fact, the inability to protect consumers from abuse...
Published on Monday 22nd of February 2010 12:19:29 PM
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In Davos, regulators tell bankers new rules comingSaturday, January 30, 2010 By Angela Charlton and Bradley S. Klapper ASSOCIATED PRESS DAVOS, Switzerland (AP) - Government regulators from the United States and Europe laid out their financial reform plans Saturday before a skeptical banking industry, asking financiers for input but adamant that change was coming with or without their support. Emerging from the two-hour meeting as its unofficial spokesman, U.S. Representative Barney Frank made it clear that governments were now calling the shots after spending billions to bail out the industry. Top bankers, by contrast, who came into this week's World...
Published on Monday 22nd of February 2010 12:19:29 PM
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U.S. Rep. Frank sees global moves on bank regulation2 hours 48 mins ago Barney Frank, chairman of the U.S. House Financial Services Committee, said on Thursday international regulators agree they need to work together on tough new rules for global banks. Skip related content Frank said his talks with regulators and lawmakers from the European Union and other nations at this week's World Economic Forum showed a consensus that it would be dangerous to give banks the opportunity to go shopping for the easiest regulator. "There is an international consensus that we need tough regulation and we can't afford to...
Published on Monday 22nd of February 2010 12:19:29 PM
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Frank in Davos says bank reform is comingPublished: Jan. 27, 2010 at 2:31 PM DAVOS, Switzerland, Jan. 27 (UPI) -- Rep. Barney Frank, D-Mass., chairman of the House Financial Services Committee, said a financial reform bill could be signed into U.S. law within months. Frank said he was using his time at the World Economic Forum in Davos, Switzerland, to coordinate reforms in other countries. "I think you're going to see substantial harmonization. That's one of the things I'm pushing here. We're talking to the EU and I'm hopeful we'll end up in the same place," Frank told the Financial...
Published on Monday 22nd of February 2010 12:19:29 PM
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Recruitment dayBy CHARLES MAHTESIAN | 1/20/10 3:00 PM EST Among other things, Scott Brown’s win appears to be shot of adrenaline to GOP recruitment efforts. Republican Rep. Kevin McCarthy, in charge of new talent for the NRCC, told me Wednesday he was spending the day dialing for candidates, revisiting some of those who’d previously taken a pass on races. He spoke to at least five and left messages for several others. “A couple have agreed to look at it again,” McCarthy said. ”If you can carry Barney Frank’s seat as Scott Brown did, you can carry any district in the...
Published on Monday 22nd of February 2010 12:19:29 PM
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Video of Barney Frank singing "Banking Queen" to tune of ABBA's Dancing Queen.
Published on Monday 22nd of February 2010 12:19:29 PM
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Critics of President Obama are setting their sights on the official White House Christmas Tree, which features controversial ornaments including an orb depicting Mao Zedong and another showing drag queen Hedda Lettuce. ... Critics of President Obama are setting their sights this week on the official White House Christmas tree, which features controversial ornaments including an orb depicting the late Chinese dictator, another that shows drag queen Hedda Lettuce, and yet another that shows a picture of Mount Rushmore -- with Obama's head pasted to the side of Washington, Lincoln, Jefferson and Roosevelt's. God rest ye, merry gentlemen. ...
Published on Monday 22nd of February 2010 12:19:29 PM
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BEGIN TRANSCRIPT RUSH: Actually, I'm glad it happened. I am glad that that happened over there. I was just watching an unbelievable sight. President and Mrs. Obama on the balcony of their hotel room in Oslo, it's nighttime over there, and there is a torchlight parade reception, and the street is just filled, it's teeming with people, with their candles and torches, with the Obamas standing high above and looking down upon them, President Obama in his tuxedo, and I kid you not, Michelle (My Belle) looked like she was dressed in a way to make people think she was...
Published on Monday 22nd of February 2010 12:19:29 PM
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The Devil is in the details. No spare minutes!
Published on Monday 22nd of February 2010 12:19:29 PM
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