Nov 16 Watch Banks, Congress Grapple Over Scope of Foreclosure Problem Judy Woodruff gets the latest on the nationwide probe into flawed mortgage documents that could lead to billions of dollars in bank losses and further cripple the housing market. Continue watching
Aug 03 Watch Intelligence Oversight: Is Congress the Problem? Margaret Warner speaks with former Sen. Slade Gorton and former CIA Director John McLaughlin about oversight of the nation's massive intelligence community. Continue watching
May 21 Reconciling House and Senate Financial Reform Congressional leaders have vowed to hammer out the differences between the Senate and House financial reform bills before July 4. Continue reading
Nov 10 Competing Senate, House Financial Reform Bills Differ Over Fed’s Role Senate Banking Committee Chairman Chris Dodd, D-Conn., unveiled legislation Tuesday that would dramatically reform how U.S. banks are regulated. The bill differs from legislation moving through the House of Representatives on several key issues. Continue reading
Oct 01 Bernanke Calls for ‘Council of Regulators’ By Carolyn O'Hara Testifying before lawmakers Thursday, Ben Bernanke reiterated a call for the Fed to be given supervisory powers over institutions that pose a systemic risk to the financial system, and proposed that a council of regulators help monitor risk. Continue reading
Jul 31 Watch Congress Considers Plan to Influence Executive Pay Congress might give the government some say in how much Wall Street executives are paid. A former SEC accountant and a law professor give their take on the plan. Continue watching
May 26 Is There Any Talk of Reinstating Glass-Steagall? By Business Desk Question: Is there any talk of reinstating the Glass-Steagall Act? Paul Solman: For those who can’t remember as far back as 1933, Glass-Steagall was an act of Congress passed only three months after President Roosevelt took office and… Continue reading
Jan 09 Watch Report Faults Lax Oversight of Treasury’s Bailout Funds A congressional panel has criticized the Treasury Department's oversight of the $700 billion financial industry bailout. The panel's report says the rescue funds have failed to alleviate the foreclosure crisis and the department has not kept a thorough record of… Continue watching
Dec 18 Watch New Financial Team to Tackle Obama’s Calls for Oversight President-elect Barack Obama called for more regulatory reform as he announced his picks for key financial positions, and tapped veteran securities regulator Mary Schapiro to head the Securities and Exchange Commission. Continue watching
Sep 30 Watch Bailout Discord Persists as Congress Seeks to Fix Economy With Congress set to revisit reaching a compromise over the proposed $700 billion bailout that failed in the House on Monday, a panel of lawmakers debate the plan and future efforts to alleviate the economic meltdown. Continue watching