jump to navigation

Today

May 11, 2010 | federal legislation, industry | Comments (0)

From the Inside-the-Beltway subscription newsletter BNA:

The Senate May 11 will again take up the Restoring American Financial Stability Act of 2010 (S. 3217) as a multitude of amendments await action, including calls for more limits on proprietary trading and a proposal, backed by Federal Deposit Insurance Corporation Chairman Sheila Bair, for tougher capital standards.

 Senators are expected to lead off with action on an amendment by Sen. John McCain (R-Ariz.) that would end government ownership of Fannie Mae and Freddie Mac in two years, likely followed by a vote on a modified amendment by Sen. Bernard Sanders (I-Vt.) on audits of the Federal Reserve Board.

 The McCain amendment on government-sponsored enterprises is expected to fail.

Share:
  • Digg
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks
  • StumbleUpon
  • NewsVine
  • Reddit
  • RSS
  • Tumblr

Comments»

No comments yet.