Plans to strip the Federal Reserve of its bank supervision powers were rebuffed yesterday in two separate speeches by senior Obama administration officials. Chris Dodd, the Senate banking committee chairman, …
Read Original Story: White House hits out at Fed plan – Financial Times
Sen. Chris Dodd (D-Conn.) on Friday defended his 1136-page financial overhaul plan from criticism leveled by top Obama administration officials. Dodd’s plan limits the role of the Federal Reserve to setting …
Read Original Story: Sen. Dodd deflects administration criticism of financial overhaul – The Hill
WASHINGTON -(Dow Jones)- It took a couple days, but the Obama administration began pushing back Friday at Sen. Christopher Dodd’s ambitious rewrite of regulations for the financial services industry. …
Read Original Story: Obama Administration Officials Take Aim At Dodd Regulatory Plan – NASDAQ
Put down the emasculators, Chris Dodd. Your plan to geld Ben Bernanke just hit a serious roadblock. President Barack Obama sent out some of his lesser minions to make clear he wants his Federal Reserve to remain virile and whole, whether or not it’s an …
Read Original Story: Hold Your Horses – DealBreaker.Com (blog)
Nov. 14 (Bloomberg) — Two Obama administration officials stood up for the Federal Reserve after a key senator proposed stripping the central bank of its authority to supervise banks. Austan Goolsbee, a White …
Read Original Story: Obama Officials Defend Fed's Supervisory Role Against Dodd Plan – Bloomberg
Obama administration officials on Friday criticized the central plank of the Senate Banking chairman’s sweeping proposal to overhaul regulation of the financial system, thrusting into the public a debate that has been bubbling beneath the surface. …
Read Original Story: Administration Officials Criticize Sen. Dodd's Banking Plan – CQPolitics.com
Stripping the Federal Reserve of its supervisory role over banks is sure to be the most controversial aspect of Senator Chris Dodd’s financial reform proposal. It isn’t an absurd idea to draw a clearer line between monetary policy and bank regulation. …
Read Original Story: 4 Reasons Chris Dodd's Fed Proposal Is Dumb – The Business Insider
Former Federal Reserve officials, bankers and academics voiced opposition to a plan that would strip the US central bank of its supervisory role as Congress paused for breath for the Veterans Day holiday. The Fed faces a considerable …
Read Original Story: Proposal to end Fed's role on bank supervision draws fire – Peninsula On-line
By Bill mcconnell Christopher Dodd, chairman of the Senate Banking Committee, last week unveiled his long-awaited financial overhaul plan, a first draft of a gigantic omnibus bill he plans to formally introduce in the next couple of weeks. …
Read Original Story: The chairman has spoken – The Daily Deal (subscription)
WASHINGTON — Senate Banking Committee Chairman Christopher Dodd’s sweeping new financial overhaul legislation, which proposes to strip the Federal Reserve of its authority to regulate banks, threatens the central bank’s time-honored …
Read Original Story: Federal Reserve in crosshairs, but many experts say hold fire – MiamiHerald.com
