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House panel hammers at OTC derivatives rules
WASHINGTON (Reuters) - A U.S. congressional committee started nailing down details of a bill to regulate over-the-counter derivatives on Wednesday, seeking to advance a key part of the Obama administration's broad plan to tighten bank and capital markets oversight.
People:Barack Obama Activities:111th Congress Source:(Reuters)
2009-10-14
House begins assembly of financial reform plan
WASHINGTON (Reuters) - The House Financial Services Committee is to begin work on Wednesday on a top priority for the U.S. Congress -- legislation to mend regulatory holes exposed by last fall's financial crisis.
Activities:111th Congress Global Financial Crisis Source:(Reuters)
2009-10-14
New financial rules: Major changes for big, small
WASHINGTON - From simple home loans to Wall Street's most exotic schemes, the government would impose and enforce sweeping new "rules of the road" for the nation's battered financial system under an overhaul proposed Wednesday by President Barack Obama.
People:Timothy Geithner Christopher Dodd Barack Obama Charles Schumer Ronald Reagan Activities:Obama Admin.
2009-06-17
U.S. financial regulation reforms outlined
WASHINGTON (Reuters) - The Obama administration will target critical weaknesses in the troubled U.S. financial system, such as thin bank capital cushions and eroded lending standards, when it proposes an overhaul of financial regulation this week, two senior officials said on Monday.
People:Timothy Geithner Barack Obama Activities:Global Financial Crisis Source:(Reuters)
2009-06-15
Buffett dispenses gloom at Berkshire fest
OMAHA, Nebraska (Reuters) - Warren Buffett told a record crowd at a somber annual meeting of his Berkshire Hathaway Inc that first-quarter operating profit fell and the company's book value declined 6 percent, as the recession hurt many of the company's businesses and investments.
Nations:Australia U.S. People:Warren Buffett Activities:Global Financial Crisis Source:(Reuters)
2009-05-03
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