Retirement Plan May Result in Weaker Consumer Protection Bill
January 11, 2010
Senate Banking Committee Chairman Christopher Dodd’s decision to retire at the end of the year will likely result in a Senate regulatory reform bill that is more bipartisan but far weaker than the draft proposals the Connecticut Democrat unveiled in mid-November, according to industry observers. Observers say that Dodd’s announcement frees him from re-election pressures to engage in...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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