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The Big Financial Services Regulation Bill

Want to get more info on the big bill to change around the way financial services are regulated? That’s H.R. 4173, the “Dodd-Frank Wall Street Reform and Consumer Protection Act.” Here’s a summary of the “Dodd-Frank Wall Street Reform and Consumer Protection Act.” Here’s the text of the “Dodd-Frank Wall Street Reform and Consumer Protection […]

Financial Services Regulation “Redo”

Legislation to redo financial services regulation in the United States is going to be the hot issue in the Senate this week. Yes, “redo.” Saying “reform” suggests improvement, but nobody can really say if this is going to improve things or just change ’em a bunch. S. 3217 is the bill. It’s name is “The […]

Credit Default Swaps – Too Little Too Late

The horse is long out of the barn, but Congress may soon step in to correct this problem with credit default swaps. S. 961, introduced just yesterday in the Senate, would authorize the regulation of credit default swaps and other swap agreements. Really super – now that the market for credit default swaps has collapsed […]

“There’s a lot going on in Washington that we’re not very comfortable with.”

That was Cokie Roberts on ABC’s This Week with George Stephanopoulos as the Sunday morning panel sought to figure out what the April 15 tea parties were all about. Was it about taxes? Well, taxes haven’t gone up. In fact, they’ve gone down – but they might have to go up given the massive new […]

An Interesting Cross-Section of New Laws

As I finished assembling the WashingtonWatch.com Digest for the week (see it here), I realized that the featured laws represent an interesting cross-section of things the federal government does – though not nearly all of it, of course. Take Public Law 110-315, the College Opportunity and Affordability Act of 2007. This is mostly about redistributing […]

Just in Time for Summer – How to Label OTC Skin Protectant Drug Products!

As you know, I’m constantly on the look-out for undiscovered corners from the business of governing.¬†And this morning I came across a timely item for you. As luck would have it – just in time for those summer vacations – the Food and Drug Administration put a note in the Federal Register this morning announcing […]