Senate Banking Committee News

Senate Committee Passes Dodd-Frank Relief Bill Without Democrats

A bill to ease regulations across the U.S. financial sector passed a Senate committee on Thursday with no support from Democrats, in a setback to the largest overhaul of 2010 banking reforms since the rules were put in place. The …

SEC Needs Additional Funds to Implement Dodd-Frank: Chairman

The top U.S. securities regulator will urge lawmakers on Thursday to boost its funding, saying a failure to increase the budget could hamper its ability to enforce new rules of the road for Wall Street. The Securities and Exchange Commission …

Senate Banking Committee Post Possible for Wall Street Critic Warren

The chances are good, but not guaranteed, that Elizabeth Warren will secure a highly coveted seat on the Senate Banking Committee, a move that would dramatically elevate her campaign against Wall Street excess. Senior Senate Democratic aides, speaking on condition …

Regulators Warn Against Defunding Dodd-Frank Implementation

Republicans escalated their push to delay and defund the Dodd-Frank Wall Street reforms on Thursday as top regulators warned the U.S. Senate Banking Committee of a staff and funding crunch. The chiefs of major agencies that are writing hundreds of …

November Elections Brought Insurance Power Shift

The Republican takeover of the House of Representatives bodes well for the insurance industry, according to one leading Washington insurance lobbyist. “I think it will be an environment that will be a little more balanced for the pro business viewpoint. …