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Congressman Barney Frank Optimistic About Financial Reform Bill

Congressman Barney Frank, chairman of the House of Representatives Financial Services Committee believes that Congress can deliver a bill for the president’s signature on financial reform at the end of...

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200,000 Americans May Lose Unemployment Benefits This Week

Since the Senate failed to pass even a one month extension on Extended Unemployment Compensation (EUC) before adjourning for the Spring recess, over 200,000 people could run out of the unemployment...

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Senate Passes 30 Day Unemployment Benefit Extension

With the help of Republican Senator George Voinovich of Ohio, the Senate today passed an amendment that would extend  the EUC program for another thirty days. Because days were added to the original...

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Unemployment Extension Passed Both Houses and Signed by President

The millions of Americans who are depending upon their unemployment checks to pay their bills and put food on the table can rest easier today. A 60 day extension to the time to file for extended...

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Too Big To Fail Failed In The Senate 61-33

  Well, there can no longer be any doubts that the Senate is firmly in the pockets of the big banks. Once again, they’ve proven completely unwilling to do what good governance and the lessons of...

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Senator Sanders’ Amendment To Audit The Fed Passed Unanimously 96-0

  In  a rare show of complete bipartisanship, the Senate today voted unanimously,  96-0, to approve an audit of the Federal Reserve.  The audit would be limited to Federal Reserve activity that took...

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More Foreclosure Assistance Provided In Financial Reform Bill

As the financial reform bill continues to make its way through Congress, at least one measure has been hammered out: a plan to combat mortgage foreclosures styled after the Pennsylvania HEMAP program...

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Financial Reform Passes: What Does It Mean For The Average Consumer?

So the Senate voted today to pass financial reform, a bill aimed chiefly at reining in Wall Street from doing the kinds of things that lead to the financial collapse of 2008. There has been a lot of...

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