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Hurricane Watch 2009
Presented as a Public Service by:
 National Community Reinvestment Coalition
|
In Congress
Dodd's Quarterback Sneak
  March 12, 2010 By: Forbes Is the financial reform effort in the Senate doomed? For the second time, talks on a bipartisan bill in the Senate Banking Committee collapsed, with members divided over the same sticking points that have festered since a bill was first introduced in November, including the details of a consumer fin...
Oversight for Thriving Payday Lending Unclear in Financial Reform
March 11, 2010
By: PBS Newshour
Sen. Bob Corker, R-Tenn., is denying that payday lenders will receive an exemption in financial reform legislation being crafted in the Senate, refuting reports that he has been pressing the Senate Banking Committee to "scale back substantially" proposed oversight of the industry. The New York Times...
Senate votes to extend parts of stimulus plan
 March 11, 2010 By: Kansas City Star WASHINGTON | The Senate voted Wednesday for a $137.9 billion package extending parts of last year’s economic stimulus measure, including help for the jobless and money to help states pay for health care for the poor.
Senate Talks Said to Advance on Consumer Unit Powers, Oversight
 March 11, 2010 By: Businessweek Senate negotiators closed in on a deal for strengthening consumer financial protections, giving bank regulators a role in rule-making and enforcement, two Democratic Senate aides briefed on the talks said.
A Consumer Bill Gives Exemption on Payday Loans
 March 10, 2010 By: NY Times Senator Bob Corker, the Tennessee Republican who is playing a crucial role in bipartisan negotiations over financial regulation, pressed to remove a provision from draft legislation that would have empowered federal authorities to crack down on payday lenders, people involved in the talks said. The ...
Target job creation to those in need
March 9, 2010
By: Politico.com
As Congress considers new-job creation, lawmakers should apply the lessons of the economic stimulus program that passed a little more than a year ago. Most economists agree that the American Recovery and Reinvestment Act created and saved large numbers of jobs, preventing potentially catastrophic ...
Showdown looms for financial reform
March 9, 2010
By: Politico.com
If there were any question that the stakes are high for financial reform, consider this: Even the Defense Department is getting into the fight. Pentagon brass want a new consumer watchdog agency to regulate auto dealers so they don’t rip off troops with predatory sales and shady financing deals. D...
Senate Tackles Jobs Package
March 8, 2010
By: New York Times
Even the supposedly easy stuff is turning out to be hard for Congressional Democrats. Senate Democrats will this week try to finish off a package of corporate tax breaks and aid for the unemployed and take another stab at sending President Obama the $15 billion measure that provides employers a payr...
Bipartisan US financial reform deal uncertain-Dodd
 March 6, 2010 By: Reuters WASHINGTON- Key U.S. senators working on a financial reform bill have not reached agreement and it was uncertain whether a bipartisan deal could be struck, said Senate Banking Committee Chairman Christopher Dodd on Friday.
The Fed flopped
March 5, 2010
By: Milwaukee Journal-Sentinel
"The Fed has repeatedly shown a lack of desire to enforce the laws that are already on its books," said John Taylor, president and chief executive of the National Community Reinvestment Coalition. "I'd take the National Zoo over these guys." |
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