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Posts Tagged ‘dodd-frank’
Dodd-Frank: TARP With No Spending Limits
Derek Kan was a former Capitol Hill policy analyst, who worked on financial ‘reform’ in the run-up to passage of the Dodd-Frank overhaul bill. He writes on the biggest problem with the Dodd-Frank bill: the fact that it allows the federal government to borrow unlimited amounts of money to take...
Dodd-Frank Financial Reform Act Requires Publication of CEO-Employee Pay Ratios
A ratio computing the ratio between a Chief Executive Officer’s salary and the median employee’s salary must now be made public, based on a last minute addition to the Dodd-Frank Financial Reform Act. It’s not just large companies that will be affected (they, of course, will be hurt by this...
The Lawyer and Lobbyist Full Employment Act
Our friend Conn Carroll points out that there’s at least one group of people that should not worry too much about the worst provisions of Dodd-Frank: the large financial institutions. Smaller banks and finance firms… well, they’re not likely to fare as well: Without spending a single dime, the Obama...
Washington Post: Reid Still Short on Votes for Dodd-Frank
The Washington Post reports that despite weeks and weeks of arm-twisting and cajoling, Senate Majority Leader Harry Reid still has not pulled together the 60 votes needed to pass the Dodd-Frank financial overhaul in the Senate: The House last week passed the 2,300-page bill, which among other things would create...
Dodd-Frank is a ‘Recovery Prevention Act’
Despite the most serious recession in decades – one that seems more likely to worsen than to abate any time soon – Congress is racing to enact another massive expansion of government, with extensive new regulations. The likely outcome of this is easy to see – more economic trouble: Ordinary...
Ask an Expert: Conference Committee Procedures
Question: I have been hearing a lot about conference committees because of the Dodd-Frank Financial Overhaul bill. How do conference committees work? Decatur, AL Answer: There are no formal rules governing conference committee procedures. Because they are intended to be flexible negotiating sessions to iron out differences between House and...
Dodd-Frank: Yesterday’s Bailout Pays for Tomorrow’s
The Heritage Foundation’s Conn Carroll explains precisely what happened when Congressional leaders changed the funding mechanism for the Dodd-Frank financial overhaul. Instead of paying for the bill with a new $19 billion tax that would ultimately be borne by bank customers, Reid and Pelosi now propose to take some of...
TAKE ACTION: Stop the Dodd-Frank Financial Overhaul
[activate url="http://act.libertycentral.org/9/3341/defeat-dodd-frank-financial-overhaul/" target="_self" is_slanted="false"] The Senate is expected to take up the Dodd-Frank financial overhaul bill when Congress returns from its July 4 recess. This is the right time to let your Senators know that you oppose this reckless power grab. That’s especially true for residents of Maine (Senators Snowe...
House Approves Dodd-Frank Financial Overhaul
While there was encouraging news today that the Senate has been forced to delay consideration of the Dodd-Frank until after the July 4 recess, there was also discouraging news: Dodd-Frank passed in the House. Additionally, it gained votes from December – when the initial bill had first passed the House:...
Rep. Jim Jordan: Don’t Let the Politicians Ruin the Country
This is a great message from a Member of Congress who understands the importance of opposing efforts to deprive Americans of liberty.