SAFE Banking Today In April of 2023, the SAFE Banking Act was reintroduced in both the House and the Senate, which was quite a surprise as it came up much quicker than expected. This reintroduction is due in large part to the efforts of local and regional bank constituents, who have been...
The Brown-Kaufman bill therefore addresses not just the substantive financial issues of our day but also the tough political situation now facing Democrats. If their SAFE banking bill can come to the floor of the Senate (for example, as an amendment to the Dodd bill) and be voted on — up...
There is a battle raging between the Wall Street mega banks and their federal banking regulators. The regulators want the mega banks to hold more capital against their high risk trading positions to prevent a replay of the bailouts i...
“That is constantly rising above that because it will be, it is just part of modern politics today… It doesn’t worry me in, in terms of whether it can displace the overall [mission] of the government. But I agree you’ve got to deal with it and they’re trying to deal with it...
The U.S. Senate ratified the pact in a vote of 85-1, but only after noting that U.S. would still reserve the right to self-defense or to act against any nations that broke the agreement. Later, 47 other countries would sign the pact. Despite this and other anti-war efforts, ...