Dodd-Frank

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Citi Goes Wild With Credit Card Offers

Have they sent you one yet?

(Newser) - Citigroup is moving aggressively to expand its credit card business, hoping to capitalize on rivals who are toning down their efforts in the area. The bank sent out a whopping 346 million card offers to North American customers in the third quarter alone—which, the Wall Street Journal observes, is...

Banks Jack ATM Fees, Blame Reform

Chase is experimenting with a $5 fee for non-customers

(Newser) - If you’re far from an ATM belonging to your own bank, brace yourself to shell out a few bucks. Banks across the country are hiking ATM fees, Credit.com reports. Chase, for example, is charging non-customers $5 to use their ATMs in an Illinois pilot program—and that’s...

Very Quietly, GOP Looks to Repeal Financial Reform

But Dodd-Frank law is more popular with public than health care

(Newser) - When House Republicans began efforts to repeal Obamacare, they did so with much fanfare. Not so for their efforts to repeal another major Obama effort: the financial reform Dodd-Frank law. Republicans quietly took the first step toward repeal yesterday, introducing the first five bills targeting Dodd-Frank at a lightly attended...

Democrats Break Financial Reform Filibuster

Scott Brown, Olympia Snowe and Susan Collins cross party line

(Newser) - Congress is all but guaranteed to pass the most sweeping financial regulatory reform since the Great Depression this afternoon. In the early session this morning, the Senate voted 60-38 to end debate on the Dodd-Frank bill, setting up a final vote that is scheduled for 2pm this afternoon. Republicans could...

Byrd's Death Sets Back Financial Reform

Scott Brown and Susan Collins wavering

(Newser) - Robert Byrd is dead, and the financial reform bill might not be far behind. Byrd’s demise comes just days after the Senate and House had hammered out a final version of the legislation, and dashes hopes that it could be voted on this week. West Virginia’s Democratic governor...

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