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Bank bill faces House passage, Senate delays vote
WASHINGTON — A sweeping overhaul of financial regulations aimed at preventing another economic crisis headed Wednesday for a final House vote after Democrats backed down on a $19 billion tax they had added on big banks and hedge funds.
The Senate, its votes still in ... Read this article on Gaea Times at : Bank bill faces House passage; Senate votes still in flux despite removal of bank fee.
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Brown remains uncommitted after fix to bank bill
WASHINGTON — Despite lawmakers’ last-minute change to win his vote, Republican Sen. Scott Brown said Wednesday he needs more time to study a sweeping overhaul of financial regulations before committing his vote.
His stance leaves Democrats short, for now, of the 60 votes they need to overcome ... Read this article on Gaea Times at : After fix to bank bill, Massachusetts’s Brown says he still needs to review final legislation.
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Bank bill gets patched up, moves closer to passage
WASHINGTON — Despite a last-minute patch to secure his vote, Republican Sen. Scott Brown said Wednesday he needs more time to study a sweeping overhaul of financial regulations before committing his vote.
His stance could leave Democrats short, for now, of .... Source article on Gaea Times at Democrats, making patches to secure Senate votes, move banking overhaul bill closer to passage.
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Democrats drop fee from bank bill to secure votes
WASHINGTON — Top Democratic House and Senate negotiators who worked out a deal on a sweeping overhaul of financial regulations regrouped Tuesday to eliminate a $19 billion fee on banks that had threatened to derail the legislation.
Eager to salvage one of President Barack Obama’s legislative .... Original source House, Senate Democrats drop bank fee from regulation bill, end TARP instead to secure votes.
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House, Senate Democrats drop fee from bank bill
WASHINGTON — Top Democratic House and Senate negotiators who worked out a deal on a sweeping overhaul of financial regulations regrouped Tuesday to eliminate a $19 billion fee on banks that had threatened to derail the legislation.
Eager to salvage one of President Barack Obama’s legislative priorities, .... Original source House, Senate Democrats look to secure votes by dropping bank fee from regulation bill.
A congressional compromise over how to regulate debit cards will benefit business owners.