9. June 2011 by Jim Sutliff.

At a public forum on June 7th, Jamie Dimon questioned Bernanke about Wall Street regulators.  The amount of regulation came into question as well as the end result possibly being a slowdown of the U.S. economy.

To read a related Bloomberg article, please click here:

http://www.bloomberg.com/news/2011-06-09/dimon-challenging-bernanke-channels-wall-street-s-bid-to-break-regulators.html

James Sutliff

Posted in Economy, Dodd-Frank, Treasury, SEC, Republican, Regulatory, Business, Democrat, General, Administrative | No Comments »

18. May 2011 by Jim Sutliff.

The Securities and Exchange Commission will propose regulations for credit rating agencies to promote transparency.  Credit rating agencies came under fire after granting AAA ratings to mortgage securities backed by subprime loans.  Proposals address the internal controls and disclosures by credit rating agencies.  

To read a related MarketWatch article, please click here:

http://www.marketwatch.com/story/sec-seeks-to-limit-credit-rater-conflicts-2011-05-18

Jim Sutliff

Posted in Economy, Dodd-Frank, SEC, Regulatory, General, Business, DC, Administrative | No Comments »

22. April 2011 by Jim Sutliff.

Dodd-Frank financial regulations impact many areas of finance including credit ratings.  Implications of the Dodd-Frank regulations and proposals by the SEC are discussed in a recent article by Reuters.

To read the Reuters article, please click here:

http://www.reuters.com/finance/deals/regulatory

James Sutliff

Posted in Economy, Dodd-Frank, Treasury, Trade, Regulatory, Business, General, Administrative | No Comments »

16. March 2011 by Jim Sutliff.

The Drudge Report is a premier site that provides coverage of business, politics, and world events.  The Drudge Report has valuable links to sites and articles in an easy to read format. 

To visit The Drudge Report, please click here:

http://www.drudgereport.com/

James Sutliff

Posted in Governor, Federal Reserve, Congress, Tax, Republican, Infrastructure, Trade, Dodd-Frank, Presidential, RNC, Economy, Regulatory, Real Estate, Election, Energy, Democrat, DC, Business, Environment, Estate Tax, Politics, Healthcare, General, Fundraising, Administrative | No Comments »

17. February 2011 by Jim Sutliff.

Senate hearings are heating up regarding the funding of the Dodd-Frank bill.  Major agencies are requesting funds to implement the bill and are facing resistance from Republicans and some Democrats.  Republicans have 47 Senators that are likely to be united in efforts to delay and defund the legislation. 

To read a related Reuters article, please click here:

http://www.reuters.com/article/2011/02/17/us-financial-regulation-congress-idUSTRE71G15020110217

Jim Sutliff

Posted in Infrastructure, Economy, Dodd-Frank, Republican, Regulatory, Business, Democrat, General, Administrative | No Comments »

6. October 2010 by Jim Sutliff.

The financial reform bill is likely to be changed significantly when Congress returns next year.  Republicans are expected to gain seats in the House and Senate and could gain control of both chambers.  Republicans will need 51 Senators to have control of the Senate because Vice President Biden would have the deciding vote in a 50-50 tie.  Currently, Republicans are within striking distance of having 53 Senators in the next session.  Senator Shelby has made indications that several changes to Dodd-Frank will occur if the Republicans take control of the Senate.  Republicans could also cut off spending to prevent portions of the bill from being implemented.

To read a related Reuters article, please click here:

http://www.reuters.com/article/idUSTRE6953NN20101006

James Sutliff

Posted in Regulatory, Republican, Congress, Dodd-Frank, Politics, General, Business, Democrat, Election, Administrative | No Comments »

15. July 2010 by Jim Sutliff.

The Senate passed the financial bill today with a 60-39 vote with three Republicans suppoting the measure.  Earlier in the day, the Senate voted 60-38 to end debate on the bill and move it to a final vote.  The financial bill is expected to be signed into law next week.

To read a related Wall Street Journal article, please click here:

http://online.wsj.com/article/SB10001424052748704682604575369030061839958.html?mod=WSJ_hpp_LEADNewsCollection

Jim Sutliff

Posted in Regulatory, Dodd-Frank, Politics, General, Business, Administrative | No Comments »

1. July 2010 by Jim Sutliff.

The Finance Reform bill has been delayed until after the 4th of July recess.  This may cause further changes to the bill as swing votes consider all options.  There has already been the elimination of $19 billion in fees assessed on financial institutions.  On Wednesday, the bill was approved by the House with a 237-192 vote.

To read a related Bloomberg article, please click here:

http://www.bloomberg.com/news/2010-07-01/u-s-regulatory-overhaul-s-support-may-weaken-after-senate-postpones-vote.html

Jim Sutliff

Posted in Regulatory, Dodd-Frank, Politics, General, Business, Administrative | No Comments »

25. June 2010 by Jim Sutliff.

The House and Senate

The House and Senate conference reached an agreement earlier today on financial reform that dilutes the original bill.  This came as great news for the banking sector that was concerned about a number of provisions in the bill.  The measure still requires approval of the full Congress but that is expected.

To read a related Bloomberg article, please click here:

http://www.bloomberg.com/news/2010-06-25/banks-dodged-a-bullet-as-congress-dilutes-u-s-trading-rules-in-overhaul.html

Jim Sutliff

Posted in Dodd-Frank, Regulatory, General, Business, Administrative | No Comments »

15. June 2010 by Jim Sutliff.

Recently. there has been a great deal of attention on lobbying efforts related to the financial reform bill.  Closed door meetings are reported as playing a major role in attempts to change the legislation.  Televised conference hearings are one of the few ways that the public can get information on this issue.

To read a related Reuters article, please click here:

http://www.reuters.com/article/idUSTRE65D40R20100614

James Sutliff

Posted in Dodd-Frank, Regulatory, General, Business, Administrative | No Comments »

14. June 2010 by Jim Sutliff.

Reuters has some background on the financial reform conference committee.  The committee has 12 Senators and 31 House member and a party breakdown weighted towards the Democrats.  The Senate portion has seven Democrats and five Republicans and the House contigency is made up of 20 Democrats and only 11 Republicans.

To read the Reuters article, please click here:

http://www.reuters.com/article/idUSTRE65D4FW20100614

Jim Sutliff

Posted in Dodd-Frank, Regulatory, General, Business, Administrative | No Comments »

10. May 2010 by Jim Sutliff.

Senate Democrat Christopher Dodd is one of the major supporters of the Finacial Reform legislation.  He is also one of the Senators pointing to the stock market drop as an example of the need for the legislation.  There have been reports that computer trading may be partially responsible for the market drop late last week.

To read a related Bloomberg article, please click here:

http://www.bloomberg.com/apps/news?pid=20601070&sid=aWOXo3D8bQUI

Jim Sutliff

Posted in Dodd-Frank, Regulatory, Business, Administrative | No Comments »

27. April 2010 by Jim Sutliff.

The Senate blocked a measure to move the Financial Reform bill forward by a vote of 57-41.  The measure needed 60 votes to pass and came up shy by three votes.  Republican efforts to continue negotiations were successful but a bill is still likely to be passed before Memorial Day.

To read a USA Today article, please click here:

http://content.usatoday.com/communities/onpolitics/post/2010/04/senate-blocks-financial-regulation-bill-on-party-lines/1

James Sutliff

Posted in Regulatory, Dodd-Frank, Politics, Election, Business, Administrative | No Comments »

22. April 2010 by Jim Sutliff.

Senator Reid filed a procedural motion this afternoon which sets up a vote to proceed to the Financial Legislation on Monday.  The vote will take place Monday night at 5:15 p.m. and if approved will move the legislation to the next step with or without bipartisan support.

To read the Roll Call article, please click here:

http://www.rollcall.com/news/45477-1.html

Jim Sutliff

Posted in Regulatory, Dodd-Frank, Politics, Election, Business, Administrative | No Comments »

21. April 2010 by Jim Sutliff.

Republican leadership is indicating that there is a strong chance of a bipartisan financial bill in the next few weeks.  Republican Senator Richard Shelby has stated that the two parties are conceptually together on 85% of the bill.  The $50 billion fund for failing banks is expected to be dropped from the legislation.

To read a related Bloomberg article, please click here:

http://www.bloomberg.com/apps/news?pid=20601087&sid=adwdvpRJc77U&pos=8

James Sutliff

Posted in Dodd-Frank, Regulatory, Business, Administrative | No Comments »