Financial Regulation Reform Background
Dodd-Frank Wall Street Reform and Consumer Protection Act
Signed into law July 21, 2010.
Summary of the bill from the Senate Banking Committee
Summary of the bill and other information from GovTrack.us
Links
Americans for Financial Reform – a coalition of more than 200 national, state and local consumer, labor, investor, civil rights, community, small business, and senior citizen organizations that have come together to spearhead a campaign for real reform.
FinancialStability.gov – a website created by the U.S. Department of the Treasury to explain proposals for financial reform.
The Wall Street Reform Background page at Organizing for America
Financial Regulatory Reform topic page at the New York Times
The Consumer Financial Protection Agency (CFPA)
Consumer Financial Protection Agency: an overview
Kenneth Harney in the Los Angeles Times, August 2, 2009
A fact sheet on CFPA from DefendYourDollars.org, a website of Consumers Union.
Elizabeth Warren on Consumer Protection (MMBM) from Roosevelt Institute on Vimeo.
CFPA was Warren’s idea and she has been a tireless proponent of it during the long Congressional discussion of financial regulation reform.
Bill Moyers Journal, April 16, 2010
Simon Johnson and James Kwak on financial reforms (video or transcript)
The current reform fails to address a key issue — banks that are ‘too big to fail’
Latest News Coverage
Out of Lehman’s ashes Wall Street gets most of what it wants
Only 25% of needed financial reforms enacted as business controls the agenda
Bloomberg News in The Washington Post, December 28, 2010
EDITORIAL: How to Derail Financial Reform
The New York Times, December 27, 2010
With New Power, GOP Takes On Consumer Agency
The Wall Street Journal, November 23, 2010
Warren appointed Assistant to the President
Read her statement on The White House Blog, September 17, 2010
Top Five Things You Should Know About Elizabeth Warren
MoveOn.com, September 17, 2010
Warren’s role, powers could be loosely defined
The Wall Street Journal, September 17, 2010
OPINION: Elizabeth Warren: The Right Appointment at the Right Time
The Huffington Post, September 16, 2010
Sources: Elizabeth Warren to lead Consumer Financial Protection Bureau effort
Politico.com, September 16, 2010
Who is Elizabeth Warren?
Whoruns gov.com
OPINION: Warren: A Huge Win
The Huffington Post, September 16, 2010
Consumer watchdog candidate Elizabeth Warren pays another visit to White House
The Washington Post, September 9, 2010
Let a Thousand Regulators Bloom
As agencies begin rewiring Wall Street, job openings abound
Bloomberg Businessweek, August 26, 2010
Elizabeth Warren, likely to head new consumer agency, provokes strong feelings
The Washington Post, August 13, 2010
Nominees will be crucial in enactment of new Wall Street law
President Obama will have the opportunity over the next year to dramatically remake the leadership at the nation’s financial regulators.
The Hill, August 10, 2010
The other candidate to head consumer agency
Treasury Department Assistant Secretary Michael Barr waits in the wings
The Wall Street Journal, August 1, 2010
EDITORIAL: Elizabeth Warren
Banks oppose her as head of new consumer protection unit because she represents consumers.
The New York Times, July 25, 2010
Wall Street reform will take years for government to fully implement
The Hill, July 21, 2010
OPINION: The Real Reason Geithner is Afraid of Elizabeth Warren
Huffington Post, July 18, 2010
OPINION: The New Finance Bill: A Mountain of Legislative Paper, a Molehill of Reform
Robert Reich in The Huffington Post, July 16, 2010
Wall Street Outsmarts Congress
Insiders say new bill is only a short-term nuisance
The Daily Beast, July 16, 2010
PBS NewsHour discussion of the pros and cons of the reform bill (audio, video and text)
PBS, July 16, 2010
Congress Approves Sweeping Financial Regulation Bill
(An excellent short summary of what is, and is not, in the final bill)
The Atlantic, July 16, 2010
Senate Passes Sweeping Finance Overhaul
The Wall Street Journal, July 16, 2010
5 places to look for the next financial crisis
The Washington Post, July 16, 2010
OPINION: Ezra Klein’s ‘take’ on the bill (hint: not perfect, but progress)
The Washington Post, July 16, 2010
Financial regulation bill nears finish line with support from Snowe, Brown
The Washington Post, July 13, 2010
Senate Democrats yet to lock down votes for financial regulations bill
The Washington Post, July 10, 2010
OPINION: Financial ‘reform’ or revenge?
The Washington Post, July 5, 2010
House passes financial overhaul; Senate leaders postpone vote
The Washington Post, July 1, 2010
Bank Fee Is Eliminated in Financial Bill
Brown opposition causes new plan to pay for regulation
The New York Times, June 28, 2010
Finance Bill’s Fate Uncertain in Senate
Byrd death, Feingold opposition, new fee for banks spell trouble
The Washington Post, June 29, 2010
On Finance Bill, Lobbying Shifts to Regulators
The New York Times, June 28, 2010
EDITORIAL: After the crash
There is much to like in the new reform bill, but Congress cannot legislate wisdom.
The Washington Post, June 27, 2010
EDITORIAL: Financial Regulation
On balance, a good reform bill, but Congress must watch carefully to ensure it is enforced as advertised.
The New York Times, June 27, 2010
COMMENTARY: Wall Street Reform: Politicians Lie, Media Applauds, America Suffers
Not everyone is happy with what resulted from financial regulation reform.
Dylan Ratigan on MSNBC, June 25, 2010
Banks Likely to Offset Impact of New Law, Analysts Say
The New York Times, June 25, 2010
Financial overhaul measure elicits cheers and concern
Ezra Klein’s Wonkbook in The Washington Post, June 26, 2010
House, Senate leaders finalize details of sweeping financial overhaul
The Washington Post, June 25, 2010
Major Provisions in the Financial Overhaul Bill
The Wall Street Journal, June 25, 2010
From Card Fees to Mortgages, a New Day for Consumers (what the financial reform bill means to you)
The New York Times, June 25, 2010
EDITORIAL: The Derivatives Endgame
The New York Times, June 24, 2010
Lawmakers at Impasse on Trading
The New York Times, June 24, 2010
Fed Emerging Intact From Challenge to Its Power
The Wall Street Journal, June 18, 2010
Joint legislative conference buckles down on financial reform
Ezra Klein’s Wonkbook in The Washington Post, June 15, 2010
OPINION: Will Obama push for financial stability?
Economix blog, The New York Times, June 11, 2010
Wall St. reform’s fierce final battle
Politico.com, June 7, 2010
Congress pressed for reform bill deal
The New York Times, June 7, 2010
The Fates and Faces of the Affected
As the System Gets Its Biggest Overhaul in 80 Years, the Impact Runs From Wall Street to Main Street
The Wall Street Journal, June 7, 2010
Reform Unlikely to Prevent a New Financial Crisis
The New York Times, June 4, 2010
Not all banks spanked by reform (Derivatives traders get off easy while consumer banks are hit by fee controls)
Politico.com, June 2, 2010