The US Senate election in MA is between Senator Scott Brown and challenger Elizabeth Warren. While there has been some discussion on financial concerns, there hasn’t been a lot to report of substance during the election campaign for us to post. One of the tweets making the rounds is what it would be like to […]

Bill Moyers points us back to banks and fiduciary responsibilities: “You shouldn’t run a financial system on the expectation of government support. We’re supposed to be a free enterprise system,” Volcker tells Moyers. “The problem of course is once they get rescued, does that lead to the conclusion they’ll get rescued in the future?” From […]

by Linda Beale crossposted with Ataxingmatter Senate passes HR 4173 finance reform conference report[updated to add information on Geithner’s opposition to Warren 7:12 pm] On a 60-39 vote, the US Senate passed the Dodd-Frank H.R. 4173 financial reform conference report today. While the bill imposes some new restrictions and creates a consumer protection agency, most […]