politics
Fed’s balance sheet shrinks slightly (Reuters)
Dec 31st
Reuters - The U.S. Federal Reserve's balance sheet shrank slightly in the latest week on a small dip in its holdings of agency mortgage-backed securities, Fed data released on Thursday showed.
Wall Street Waits as SEC Fails to Bring Madoff-Inspired Reforms (Bloomberg)
Dec 29th
Bloomberg - Dec. 30 (Bloomberg) -- Mary Schapiro, chairman of the U.S.
Securities and Exchange Commission, said she wanted to show that
her agency was cracking down after missing Bernard Madoffâs $65
billion Ponzi scheme. In May, she proposed that almost 10,000
money managers undergo surprise inspections to make sure they
werenât ripping off clients.
Obama nominates Theordore Tozer to head Ginnie Mae (Reuters)
Dec 21st
Reuters - President Barack Obama nominated Theodore Tozer to be President of the Government National Mortgage Association, or Ginnie Mae, the White House said on Monday.
AP sources: Probers eye census worker’s insurance (AP)
Nov 13th
AP - Investigators trying to solve the mystery of a census taker found hanging from a tree with the word "fed" scrawled on his chest are examining whether he manipulated the scene in order to conceal a suicide and make a life insurance claim possible for his son, law enforcement officials told The Associated Press.
VA sec’y promises timely response to war illness (AP)
Nov 11th
AP - Veterans Secretary Eric Shinseki says he's working to improve the agency's ability to cope with increasing numbers of troops returning from Iraq and Afghanistan with mental health problems.
SEC Whistleblowers May Get Rewards Under Senate Plan (Bloomberg)
Nov 10th
Bloomberg - Nov. 10 (Bloomberg) -- Securities and Exchange Commission
employees would get $50,000 awards for snitching on each other,
under Senate Banking Committee Chairman Christopher Doddâs
proposed legislation to overhaul financial regulation.
House Panel Moves to Tighten Regulation of Credit Rating Agencies (CQPolitics.com)
Oct 28th
CQPolitics.com - Legislation that would require the Securities and Exchange Commission (SEC) to beef up regulation of credit rating firms, which are under fire for their role in last year's implosion of the financial markets, was approved Wednesday by a House committee.
Frank Vows to Address SEC Concerns on Derivatives Regulation (CQPolitics.com)
Oct 7th
CQPolitics.com - House Financial Services Chairman Barney Frank, D-Mass., opened the door Wednesday to revising his draft legislation, which aims to regulate the massive derivatives market, to address concerns that some of the complex products could fall through the cracks.




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