Items Tagged with 'Financial reform'

ARTICLES

House will hold off on Dodd-Frank overhaul vote

Priorities shift as house takes longer on health care
Trump’s administration continues to proclaim their dedication to financial reform and even an overhaul of the Dodd-Frank Act, but that reform will have to wait. As health care reform takes longer than expected, members of Congress gave insight as to when they think the House will vote on a Dodd-Frank overhaul.
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Monday Morning Cup of Coffee: An "inside" look at Gary Cohn's role in Trump administration

New York papers run competing profiles of former Goldman Sachs exec
Two of New York's biggest newspapers happened to publish competing (and somewhat similar) articles over the weekend that delve into the growing role within the Trump administration of Gary Cohn, the White House National Economic Council Director and a former top executive at Goldman Sachs. So what is Cohn's role? The Wall Street Journal and the New York Times are happy to tell you more.
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KBRA: This should be the focus of Trump's regulatory reform

End practice of holding capital as "panacea" for preventing crisis
President Donald Trump held to another one of his campaign promises last week, when he signed an executive order that is expected to begin the process of revamping (or replacing) the Dodd-Frank Wall Street Reform Act. The specific details of the Trump administration’s plan for financial reform were not contained in the executive order, but what should the Republican-led regulatory reform efforts focus on?
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Mixed reactions to Trump's push for Dodd-Frank overhaul

Unsurprisingly, of course…
As one might expect, the reactions to President Donald Trump’s initiation of the overhaul of the Dodd-Frank Wall Street Reform Act came in fast and furious after Trump signed an executive order on Friday that calls for the Secretary of the Department of the Treasury to begin reviewing Dodd-Frank. And unsurprisingly, those reactions varied wildly.
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Trump signs executive order to overhaul Dodd-Frank

Directs Treasury Secretary to review financial laws
As expected, President Donald Trump signed an executive order on Friday that begins to roll back the Dodd-Frank Wall Street Reform Act, the landmark legislation passed in wake of the financial crisis. “We’re signing new rules for regulating the U.S. financial system. It doesn’t get much bigger than that, right?,” Trump said just before signing the executive order.
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Trump moving forward with Dodd-Frank rollback plans

Expected to sign executive order today requiring review of financial laws
President Donald Trump is expected to move forward with his plans to roll back the Dodd-Frank Wall Street Reform Act by signing an executive order requiring a review of the comprehensive set of financial laws enacted after the crisis. According to Gary Cohn, a former top exec at Goldman Sachs and the White House National Economic Council Director, the move is the first of many designed to overhaul Dodd-Frank.
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Pence, Hensarling: Dismantling Dodd-Frank remains a high priority

Top Republicans keep crosshairs trained on financial reforms
It’s been a busy first week in office for President Donald Trump, with executive orders on immigration, energy, trade, health care and more being handed down daily. But executive orders are just the preamble to the big initiatives that Trump and the Republican majority in Congress are expected to push for shortly. Chief among those is the “dismantling” of the Dodd-Frank Wall Street Reform Act.
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Congress set to consider Republican plan to abolish Dodd-Frank

House Financial Services Committee will debate Financial CHOICE Act next week
House Financial Services Committee Chairman Rep. Jeb Hensarling, R-TX made waves earlier this year when he announced a Republican-crafted plan to repeal the Dodd-Frank Wall Street Reform and Consumer Protection Act and replace it with a “pro-growth, pro-consumer” alternative. Now, the Financial CHOICE Act is about take one step closer to becoming reality.
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Hillary Clinton, Elizabeth Warren both blast Republican Dodd-Frank repeal plan

Warren: Republican plan is a "wet kiss for Wall Street"
Considering how many times House Financial Services Committee Chairman Rep. Jeb Hensarling, R-TX, blamed "the Left" for the consequences of the Dodd-Frank Wall Act during his speech announcing a Republican-crafted plan to repeal Dodd-Frank, it was highly likely that those on "the Left" would be quick to condemn Hensarling’s plan. And two of the top names in the Democratic party didn't disappoint.
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Inside the foundation-shattering Republican plan to abolish Dodd-Frank

Includes ending 'too big to fail', dramatic overhaul of CFPB
If House Financial Services Committee Chairman Rep. Jeb Hensarling, gets his way, Tuesday, June 7, 2016 will soon be remembered as the day that the death clock started on the Dodd-Frank Wall Street Reform and Consumer Protection Act. Here's an in-depth look at the Republican-crafted plan to fundamentally change how the CFPB, the FHFA, and the country's entire financial system, functions.
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