Entries tagged "Senate banking committee"
The death of Sen. Ted Kennedy could set off a scramble among Democrats over who will lead the Senate Banking Committee assuming Sen. Chris Dodd leaves.
Senate Banking Committee Chairman Christopher Dodd (pictured) is wasting no time in moving President-elect Barack Obama's financial services nominees ahead for confirmation. On Wednesday Dodd scheduled a hearing for Jan. 15 to review key economic policy nominees including Mary Schapiro, who is expected to head the Securities and Exchange Commission. ...
The current 110th Congress may be a lame-duck session, but rhetoric out of it by key lawmakers is putting Wall Street on notice about what's in store next year. At a Senate Banking, Housing and Urban Affairs Committee hearing Thursday, Sens. Charles Schumer, D-N.Y., and Chris Dodd, D-Conn., delivered some clear warnings to financial firms receiving bailout money....
