Word: bill
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...with committee chairman Barney Frank, which includes new powers for regulators and the Federal Reserve to limit risk among the nation's biggest financial institutions, and to dissolve those institutions in an orderly way if they fail. At the same time, the Senate is moving ahead with its own bill, with talk of a markup in Connecticut Senator Chris Dodd's Banking Committee before Thanksgiving. Treasury has even held preliminary discussions with Dodd and Frank staffers about how to meld the two bills, even though both versions remain in flux. Earlier in the fall, Geithner's staff went through their...
...bill passed, and Thursday's reception in the House shows he has a rough road ahead. The committee's ranking Republican Spencer Bachus of Alabama attacked the bill for a lack of transparency, saying he opposed plans to keep secret which banks were subject to the new powers sought by the Administration. A top committee Democrat, Paul Kanjorski of Pennsylvania, said he feared the bill's accumulation of executive-branch power. Regulators are also sniping. At Thursday's hearing in the House, Federal Deposit Insurance Corporation chair Sheila Bair said the Administration's plan didn't give enough power...
...Geithner's gamble is that he can leverage that political advantage to rush a bill that will restructure much of the financial system of the United States in a matter of months. It will be a big win for the Administration if he does, as long as the hurried result actually helps, not hurts, financial stability...
...result a movement has emerged at Harvard to reform the legal services industry at nearly every level—from the way associates are recruited to the way law firms bill and interact with their clients...
...this happen? After McHugh - a moderate, environmentally friendly Republican who was re-elected to the seat eight times - accepted Obama's nomination, local Democratic and Republican leaders chose their respective candidates. Bill Owens, an attorney with left-of-center views, was the choice of the Democrats, while Dierdre (Dede) Scozzafava, a moderate state assemblywoman from the district, was the pick of the local GOP. Doug Hoffman, an accountant living over the district line in Lake Placid, then declared his own candidacy with the backing of the state's Conservative Party leaders, who had opted not to endorse Scozzafava. Now Scozzafava...