Financial Reform News

GOP blocks Obama nominee to head financial agency

By theGrio

11:45 AM on 12/08/2011

WASHINGTON (AP) - Senate Republicans on Thursday blocked President Barack Obama's choice to head the new consumer protection agency that was designed to help curtail the excesses and abuses that led to the financial meltdown...
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Why President Obama has more bite than bark

By Ivory J. Johnson

12:06 AM on 08/14/2011

OPINION - Progressives would be wise to ignore their political soothsayers and recognize that everyone has a hustle...
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TheGrio talks financial reform at the White House

By theGrio

1:00 PM on 08/04/2010

VIDEO - TheGrio's contributor Wilmer Leon will go to the White House to discuss the impact of financial reform on African-Americans...
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Why African-Americans should care about financial reform

By Dr. Wilmer J. Leon III

10:12 AM on 08/04/2010

OPINION - As African-Americans establish physical regimens for good health, fiscal well being requires a similar strategy...
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Obama signs sweeping financial reform into law

By theGrio

11:00 AM on 07/21/2010

WASHINGTON (AP) - Reveling in victory, President Obama on Wednesday signed into law the most sweeping overhaul of financial regulations since the Great Depression...
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7/19/10 - theGrio & CNBC Market Update

By Shartia Brantley

8:00 AM on 07/19/2010

VIDEO - In the week ahead, investors await several reports on Q2 earnings, housing sales, and the direction of the economy, as financial reform looms large...
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Senate passes sweeping financial reform bill

By theGrio

1:43 PM on 07/15/2010

WASHINGTON (AP) - The White House said Obama likely would sign the bill next week...
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Can financial reform close racial wealth gap?

By Monique W. Morris

8:28 AM on 07/15/2010

OPINION - Financial reform is important, but without addressing the racial and social biases we are only touching the tip of the iceberg...
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Major bank reform bill faces final vote this week

By theGrio

5:11 PM on 07/13/2010

WASHINGTON (AP) - President Obama on Tuesday secured the 60 votes he needs in the Senate to pass a sweeping overhaul of financial regulations...
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Finish line in sight for US financial overhaul

By theGrio

2:04 PM on 07/12/2010

WASHINGTON (AP) - While Obama would have preferred an earlier conclusion for the bill, its passage less than four months from the general election is as good as it can get politically...
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Bank bill faces House passage, Senate delays vote

By theGrio

2:48 PM on 06/30/2010

WASHINGTON (AP) - The Senate, its votes still in flux, planned to take up the bill in mid-July, denying President Obama a victory before Independence Day...
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Bank bill gets patched up, moves closer to passage

By theGrio

8:13 AM on 06/30/2010

WASHINGTON (AP) - Congressional Democrats are inching closer to passage of a major rewrite of financial industry regulations, making fixes as they go...
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Obama claims victory in Wall Street reform deal

By theGrio

1:52 PM on 06/25/2010

WASHINGTON (AP) - Asked by reporters whether he can get the financial measure through the Senate, Obama said, "You bet."...
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House, Senate lawmakers finalize finance reform deal

By theGrio

8:08 AM on 06/25/2010

WASHINGTON (AP) - Lawmakers hope to have a bill on President Obama's desk by July 4...
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Obama's big wins on bills may not help Democrats

By theGrio

9:40 AM on 05/24/2010

WASHINGTON (AP) - Anxious and angry, Americans are not in a congratulatory mood. That's bad news for President Obama and his Democratic allies...
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Financial reform may do little to squash mortgage scams

By Monique W. Morris

8:05 AM on 05/24/2010

OPINION - The financial reform bill will allow for new rules on mortgage lending, but it may end up doing little to protect consumers from mortgage-related scams...
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5/24/10 - theGrio & CNBC Market Update

By Shartia Brantley

7:00 AM on 05/24/2010

VIDEO - This week, investors can expect reports on housing, personal income, and consumer confidence, as Congress reconciles the sweeping financial reform bill...
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Obama scores second big win: Wall Street reform

By theGrio

1:07 PM on 05/21/2010

WASHINGTON (AP) - The president and his Senate allies beat back strong Republican opposition to the financial measure...
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Senate breaks impasse on financial regulation bill

By theGrio

4:10 PM on 05/20/2010

WASHINGTON (AP) - Barely breaking a logjam, the Senate ended debate on a massive financial regulation bill, clearing the way for final passage of a top Obama administration priority...
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Senate votes to rein in mortgage lenders

By theGrio

4:38 PM on 05/12/2010

WASHINGTON (AP) - Taking aim at deceptive lending, the Senate on Wednesday voted to ban mortgage brokers and loan officers from getting greater pay for offering higher interest rates on loans...
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