An amendment to a federal financial reform bill that would eliminate conflicts of interest in the credit rating industry is being threatened by House Democrats. Authored by Sen. Al Franken, the amendment has picked up significant bipartisan…
Sen. Al Franken’s amendment to eliminate conflicts of interest between credit rating agencies and financial institutions passed the Senate by a 64-to-35 vote on Thursday. The amendment is now part of the financial reform bill being debated in Congress.
During a Tuesday night webcast with Ensuring Liberty, a Tea Party PAC, Rep. Michele Bachmann likened the financial reform bill that is being debated in Congress to Mussolini’s Fascist Italy.
Sen. Al Franken has picked up two Republican cosponsors for his amendment to fix the credit rating industry. Sens. Chuck Grassley (R-Iowa) and Roger Wicker (R-Miss.) are backing the bill, saying it would create an important barrier against…
Rep. Michele Bachmann will host a virtual townhall meeting on Tuesday evening through the Ensuring Liberty Caucus PAC. Bachmann will be joined by Rep. Steve King, R-Iowa, and both with be…
Sen. Al Franken is gearing up to take on the credit rating industry, which he says is too big and too closely tied to the financial industry. An amendment to the…
Sen. Al Franken is pushing an amendment to the financial reform bill that would create an office to investigate complaints by homeowners who believe their mortgage handlers are breaking the law.…
On a Wednesday broadcast of the Steve Malzberg radio show, Rep. Michele Bachmann said President Barack Obama had the “air of infantilism” regarding financial reform and said the bill currently being…
With a filibuster on a financial reform at hand in the U.S. Senate, Sen. Al Franken took Republicans to task Monday evening for blocking reform aimed at preventing the banking disaster…
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