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Category Archives: Financial Reform

Congressional Republicans continue to call for a rollback of Wall Street reforms — leaving the financial security of American families at risk due to the recklessness of Big Banks and Wall Street executives, whose actions led to a meltdown that … Continue reading

Posted in Financial Reform, Fiscal Responsibility, In the News | Leave a comment

Congressional Republicans, led by GOP Leader John Boehner, plan to unveil their agenda in late September, but as Politico points out today: “there are few authentically original or viable ideas.” In fact, Mr. Boehner has promised “new policy prescriptions twice, … Continue reading

Posted in Affordable Health Care, Financial Reform, Fiscal Responsibility, In the News, Labor and American Jobs, Retirement Security | Leave a comment

In a recent interview with TIME Magazine, Republican Governor Mitch Daniels of Indiana was asked what Congressional Republicans have done to position themselves in the upcoming midterm elections. He responded: “Not too darn much.” Don’t be so modest, Governor Daniels. … Continue reading

Posted in Affordable Health Care, Financial Reform, Fiscal Responsibility, In the News, Labor and American Jobs, Retirement Security | Leave a comment

In 2008, credit card issuers imposed $19 billion in penalty fees on families with credit cards–exploiting loopholes in the law to make profits at the expense of responsible credit cardholders with minimal oversight. Last year, credit card companies broke all … Continue reading

Posted in Consumer Protections, Economic News, Financial Reform, Oversight | Leave a comment

In today's Washington Post, Steven Pearlstein highlights the hypocrisy of the U.S. Chamber of Commerce and others who are blaming the Obama Administration and Democrats in Congress for continued high unemployment when annual corporate profits have rebounded to a staggering … Continue reading

Posted in Correcting the Record, Economic News, Financial Reform, In the News, Labor and American Jobs | Leave a comment

Today, Alan Blinder, a Princeton professor and former vice chairman of the Fed, and Mark Zandi, chief economist at Moody's Analytics, released a new study the New York Times calls “a first stab at comprehensively estimating the effects of the … Continue reading

Posted in Correcting the Record, Economic News, Financial Reform, In the News, Labor and American Jobs, Retirement Security | Leave a comment

Today, economists Mark Zandi and Alan Blinder will release the first comprehensive study that estimates the total effect of fiscal and financial policies of the last few years. In a summary of the analysis this morning, the New York Times … Continue reading

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Today, President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act into law–common-sense rules to ensure Wall Street and big banks can't play Russian Roulette again with our futures. We know from experience they're not going to police … Continue reading

Posted in Consumer Protections, Economic News, Financial Reform, Labor and American Jobs, Oversight, Retirement Security | Leave a comment

At 11:30am EST, President Obama will sign the Dodd-Frank Wall Street Reform and Consumer Protection Act into law–watch live: JOIN THE LIVE CHAT VISIT WHITEHOUSE.GOV Learn more about the legislation»

Posted in Consumer Protections, Economic News, Financial Reform, Labor and American Jobs, Retirement Security, What's Happening | Leave a comment

On NBC's Meet the Press, a Republican leader Rep. Pete Sessions (R-TX) admitted the Republican economic plan for the future is more of the same failed Bush-Republican policies that got us into this mess: David Gregory: “…I think what a … Continue reading

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