Tagged: Congress

Congress close to financial reg reform

The most extensive overhaul of financial regulations since the 1930s has cleared its big hurdle in the U.S. Senate and how can head to President Obama for a signature after a conference committee works out remaining differences between the House and Senate versions.  But former Federal Reserve Bank examiner Mark Williams, who teaches finance in the School of […]

Fiduciary and investment banks

On the heels of allegations that Goldman Sachs took advantage of clients during the mortgage-market collapse, Congress reportedly is considering new legal standards for investment banks when they deal with customers.  Law Professor Tamar Frankel, an authority on securities law and author of “Trust and Honesty: America’s Business Culture at a Crossroad,” says slapping fiduciary […]

Obama dealing with Democrats

History Professor Bruce Schulman, author of “Lyndon B. Johnson and American Liberalism,” asks in a Politico commentary: Will the White House punish Democrats who defected on the monumental health care overhaul?  After tracing both Franklin Roosevelt’s and LBJ’s successes and failures in dealing with their own political party, Schulman suggests that President Obama is learning […]

Financial crisis hearings resume

As the bipartisan Congressional commission looking into the financial meltdown resumes hearings, law Professor Cornelius Hurley, director of the Morin Center for Banking and Financial Law and former counsel to the Fed Board of Governors, stops to take a look at where we’ve come and where we might be going. “While ‘Alice in Wonderland’ tops the […]

Dealing with TBTF institutions

Treasury Secretary Timothy Geithner is still trying to convince Congress to pass legislation to deal with “too big to fail” financial institutions before they get to the point of collapse.  Law Professor Cornelius Hurley, director of the Morin Center for Banking and Financial Law and a former counsel to the Fed Board of Governors, says […]

FTC to get new powers

Congress is moving to give the Federal Trade Commission new powers to oversee and punish violators of FTC regulations aimed at protecting consumers.  School of Management Professor Michael Salinger, a former FTC director, says the authority to impose civil penalties will help, but cautions that the ban on “unfair trade practices” in the FTC Act is […]

D.C. considers gay marriage

The D.C. Council is considering a bill to legalize gay marriages in the District of Columbia.  The question is, will Congress block it?  School of Law Professor Linda McClain, an authority on the same-sex marriage national debate, says the answer revolves around whether conservatives will expend their political capital on this symbolic issue. Contact Linda […]

House Dems stake out healthcare reform

With senators still wrangling over theirs, House Democrats have unveiled their healthcare reform bill that now heads to votes in three committees.  School of Management Professor Stephen Davidson, author of “In Urgent Need of Reform: Saving the U.S. Healthcare System,” can assess the various proposals as they percolate on Capitol Hill. Contact Stephen Davidson, 617-353-7422, […]

CIA deceives Congress

In a recent post on Politico.com’s “The Arena” blog, political expert Thomas Whalen, a professor of social sciences in the College of General Studies, writes “the admission erodes the public’s already waning confidence in our intelligence community.”  Whalen can be reached at tjw64@bu.edu

Lessons from Gov. Sanford

College of Communication Professor Linda Killian, director of BU’s Washington Journalism Center and author of “The Freshmen: What Happened to the Republican Revolution?,” has known disgraced S.C. Gov. Mark Sanford since he was first elected to Congress in 1994.  In a U.S. News & World Report commentary, Killian suggests the lesson from Sanford’s downfall is […]