Crucial Reform Limits Bank Risk-Taking, Will Help Restore Stability and Accountability to Our Financial System Under a bill introduced in the Senate yesterday, The PROP Trading ACT, banking institutions that benefit from federal deposit insurance and access to the Federal Reserve discount window would be banned from making speculative investments in stocks and derivatives for their own accounts. Read More | Mar 11, 2010 | Related Resources REPORT: Bigger Banks, Riskier Banks |
Demos and The American Prospect Magazine Announce Partnership With a strong set of shared values and complementary missions as well as a legacy of collaboration, Demos and The American Prospect magazine this week announced a strategic and institutional partnership, described as "a union that will be a sum of more than its parts," looking forward to many years of high-impact, integrated work. Read More | Mar 4, 2010 | Latest Headlines from The Prospect Citizens Restarted Fiscal Folly |
Leaked Financial Regulation Plan Puts Bank Profits Before Families; Independent Consumer Agency Needed Now Details leaked of a revised Senate Banking Committee regulatory proposal reveals highly compromised reforms that underscore the urgent need for an Independent Consumer Financial Protection Agency. Read More | Mar 1, 2010 | Related Resources Why We Need An Independent Consumer Financial Protection Agency Now Learn More about Regulation |
Maryland's Voters Would Benefit from Same Day Registration Bill debate starts today in the Senate Education, Health, and Environmental Affairs Committee of the Maryland General Assembly; turnout increases of 4.3 percent likely under current proposed legislation. Read More | Feb 25, 2010 |
Banks Levy New Extreme Fees and Penalties Despite Credit Card Law; New Independent Consumer Financial Protection Agency Needed Now As reforms of CARD Act take effect, reports show credit card issuers are implementing wide range of new fees and penalties that fall outside law's restrictions, underscoring urgent need for a Consumer Financial Protection Agency (CFPA). Read More | Feb 24, 2010 | Related Resources Why We Need An Independent Consumer Financial Protection Agency Now Learn More about Regulation & Credit Card Debt |
