The Consumer Financial Protection Agency is not yet dead but seems to be “good as dead” with Senate negotiators still unable to reach a bipartisan solution, according to industry observers. In remarks to reporters recently, Senate Banking Committee Chairman Christopher Dodd, D-CT, and Sen. Richard Shelby, R-AL, ranking minority on the committee, maintain that the CFPA remains on...
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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