Tag Archives: Chris Dodd

Republicans gut Dodd Frank Act, killing efforts to protect American citizens from financial industry abuse

On July 21, 2010, President Barack Obama signed the Dodd–Frank Wall Street Reform and Consumer Protection Act into law. The legislation, written by Congressman Barney Frank, and Chairman of the Senate Banking Committee Chris Dodd, promised to be the most comprehensive financial reform to be undertaken since the Great Depression. As with the Glass-Steagall Act, […]

Posted in Economics, Politics, Uncategorized | Also tagged , , , , , , , , , , , , , , , , , , , , , , , , , | 10 Comments

Things aren’t looking good for Elizabeth Warren… now’s the time to act

According to the folks at Talking Points Memo, it doesn’t look likely that Elizabeth Warren with get the nomination to head the new Consumer Financial Protection Agency that she’s been championing so aggressively this past year. Here’s a clip from the article: Progressive pressure on President Obama to appoint Elizabeth Warren to head a soon-to-be-created […]

Posted in Economics, Politics | Also tagged , , , , , , , | 12 Comments

Fighting for the Consumer Financial Protection Agency till our teeth are smashed out

As we’ve discussed here in the past, if we’re to avoid financial disasters in the future, it’s absolutely essential that the banking reform bill presently being discussed within the Senate Banking Committee establish a strong, independent Consumer Financial Protection Agency. Unfortunately, it looks as though some Democrats might be willing to trade it away in […]

Posted in Art and Culture, Economics, Politics | Also tagged , , , , , , , , , , , , , , , , , , , , , | 14 Comments

Sprouting Populist balls, and going after Wall Street

One good thing to come out of Republican Scott Brown’s election to the Senate a few days ago, is that it seems to have lit a fire under our President. In an abrupt about-face, Obama came out late last week, saying that our unrepentant financial industry had to be reigned in. Distancing himself from Treasury […]

Posted in Corporate Crime, Economics, Politics | Also tagged , , , , , , , , , , , , , , , | 2 Comments

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