Mike Crapo News
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Federal Reserve Bank of Richmond President Jeffrey Lacker said broker-dealer units of banks should have higher capital requirements than deposit-funded subsidiaries because the financial crisis demonstrated the risks that stem from a reliance on markets for financing.
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“Too-big-to-fail” legislation unveiled yesterday in Washington is needed to rein in the biggest U.S. banks because the Dodd-Frank Act has failed to guard taxpayers against future bailouts, the bill’s sponsors said.
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“Too-big-to-fail” legislation unveiled in Washington today is needed to rein in the biggest U.S. banks because the Dodd-Frank Act has failed to guard taxpayers against future bailouts, the bill’s sponsors said.
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“Too-big-to-fail” legislation unveiled in Washington today is needed to rein in the biggest U.S. banks because the Dodd-Frank Act has failed to guard taxpayers against future bailouts, the bill’s sponsors said.
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Senate Republicans say curbing the growth in entitlement spending and shrinking the deficit are the main topics during a dinner discussion with President Barack Obama tonight at the White House.
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U.S. Senator Tim Johnson’s decision to retire after the 2014 election makes the Democrats’ job of holding their Senate majority tougher.
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U.S. Senator Mike Crapo called President Barack Obama’s $447 billion jobs proposal discouraging, saying the administration is relying on unaffordable spending initiatives rather than the more fundamental policy changes needed to battle unemployment.
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U.S. Senator Mike Crapo withdrew a plan to overhaul a Dodd-Frank Act derivatives measure after Democrats assured the Idaho Republican that they would work with him to address concerns about regulatory overreach.
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The U.S. Senate Banking Committee approved Mary Jo White’s nomination to lead the Securities and Exchange Commission on a bipartisan vote, clearing her way to become the first ex-prosecutor to lead the agency.
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Senator Mike Crapo said in an interview on Bloomberg Television’s ‘Political Capital with Al Hunt,” airing this weekend, that President Barack Obama’s $447 billion jobs proposal is discouraging because the administration is relying on unaffordable spending initiatives rather than more fundamental changes in economic policy needed to battle joblessness.
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