Search Results for the Tag "Regulation"
While health care is getting a lot of attention, Congress is also trying to reform regulation of financial markets. House Financial Services Committee will vote today on more oversight of the derivatives market and is debating the creation of Consumer Financial Protection Agency. Wall Street isn't happy.
The Great American Bubble Machine. "Matt Taibbi on how Goldman Sachs has engineered every major market manipulation since the Great Depression."
The U.S. House of Representatives has passed the Thrift Savings Plan Enhancement Act of 2009, allowing the FDA the ability "to regulate the contents of tobacco products, make public their ingredients, prohibit flavoring, require much larger warning labels and strictly control or prohibit marketing campaigns, especially those geared toward children." The legislation passed 298-112, but the Senate is expected to put up a bigger fight.
Meanwhile, the cigarette tax tripled today, going from 39 cents to $1.01, which some are saying is an unfair tax on the poor and a break in Obama's promise to not tax those making $250k a year or less.
Meanwhile, the cigarette tax tripled today, going from 39 cents to $1.01, which some are saying is an unfair tax on the poor and a break in Obama's promise to not tax those making $250k a year or less.
NYT: Less than a month after becoming the head of the Securities and Exchange Commission, Mary L. Schapiro is moving swiftly to reverse major decisions by her predecessor and to strengthen an enforcement program that missed several major frauds that cost investors billions of dollars.