Search Results: Wall Street Reform
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January 16, 2012 9:31 pm ET filed under Video

Gov. Perry: "I Would Get Rid Of A Substantial Amount Of Those Financial Regulators"

From the January 16, 2012, Fox News/Wall Street Journal GOP primary debate in Myrtle Beach:

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January 05, 2012 4:00 pm ET filed under Blog

The Weakest Argument Against Cordray's Appointment

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January 05, 2012 10:30 am ET filed under Blog

Rep. McHenry Goes To Bat For The Bank Industry Again, Takes A Swing At Cordray

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January 04, 2012 2:15 pm ET filed under Blog

Speaker Boehner Admits Real Reason GOP Blocked Consumer Protection Nominee

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December 15, 2011 12:30 pm ET filed under Blog

Sen. Olympia Snowe's Conflict of Interest Cover-Up

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November 09, 2011 9:09 pm ET filed under Video

Romney Blames Fannie And Freddie For Housing Crisis

From a statement by Mitt Romney during the November 9, 2011, "Your Money, Your Vote" Republican presidential debate:

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November 09, 2011 11:24 am ET filed under Blog

Rep. Joe Walsh Answers Constituent's Calm Criticism Of Banks With Screaming, Finger-Pointing Fury

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October 27, 2011 3:14 pm ET filed under Blog

The Real Simple Truth About Washington Regulations And Jobs

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October 14, 2011 10:21 am ET filed under Blog

Why Republicans Are Wrong About Wall Street And The Financial Crisis

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October 14, 2011 7:28 am ET filed under Fact Check

Private Wall Street Companies Caused The Financial Crisis — Not Fannie Mae, Freddie Mac Or The Community Reinvestment Act

In the four years since the housing bubble burst, triggering a collapse in global financial markets whose value had been propped up through the repackaging and trading of home loans via complex financial instruments, there's been plenty of blame to go around. The Occupy Wall Street protests have called new attention to the root causes of the crisis, and led Republicans to reiterate their claim that government-backed lenders Fannie Mae and Freddie Mac were the primary villains. The facts about the subprime mortgage market prove that claim false: Private firms dominated the subprime market boom of 2004-06, and were not even subject to the 1977 Community Reinvestment Act some Republicans vilify. Thanks to decades of financial deregulation, capped by President Bush's decision to appoint Wall Street regulators who believed their job was to help banks rather than curb banking abuses, financial giants were able to turn the mortgage market into a high-stakes casino. As investigative reporters and Congress' Financial Crisis Inquiry Commission have all shown, it was deregulation mixed with irresponsible and potentially illegal practices by private firms on Wall Street that caused both the bubble and the collapse.

Republicans Blame The Financial Crisis On Fannie Mae, Freddie Mac, And Government Policy

Facts Show Private Lenders Who Were Not Subject To CRA, Not Government-Backed Ones Who Were, Drove The Subprime Mortgage Market

Deregulation Of Financial Markets And GOP-Appointed Absentee Regulators Paved The Way For The Subprime Bubble To Cause A Broad Collapse

"Financial Crisis Inquiry Commission" Expert Panel Found Wall Street Recklessness Caused The Crisis

Author Of Top Book On Financial Crisis Says There Is No Evidence For Blaming Either The CRA Or Fannie And Freddie

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October 11, 2011 9:02 pm ET filed under Video

Mitt Romney Simultaneously Decries "Bailouts Of Individual Institutions" And Makes The Case For Bailouts

From the October 11, 2011, Bloomberg/Washington Post GOP primary debate:

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October 06, 2011 3:42 pm ET filed under Blog

Rep. Broun Calls Spreading Wall Street Protests An "Attack Upon Freedom"

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October 06, 2011 11:47 am ET filed under Blog

Gov. Walker: Wall Street Greed Has Nothing To Do With "Real Issues"

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October 05, 2011 6:34 pm ET filed under Blog

Gingrich Uses Wall Street Protests To Urge Repeal Of Wall Street Reform

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October 05, 2011 11:50 am ET filed under Blog

Rep. Steve King Dismisses Protests: Wall Street Not "The Scene Of The Crime"

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May 10, 2011 2:39 pm ET filed under Fact Check

The Many Errors Of Fact In Speaker Boehner's Wall Street Speech

In what was billed as a major speech to reassure Wall Street about the ongoing political battle over the debt limit and the proper approach to debt reduction, Speaker John Boehner (R-OH) threw out so many naked falsehoods that it is difficult to enumerate them concisely. Here is a table of contents to help you navigate our comprehensive fact check of the Republican leader's lies.

"Government Mortgage Companies...Triggered The Whole Meltdown"

The Recovery Act "Hurt Our Economy And Hampered Private Sector Job Creation"

"Job Creators Were Looking For Certainty," Not More Consumer Demand

"We've Also Seen The Arrogance Of Government Recently In...Skyrocketing Gas Prices"

"Energy Resources Under Lock And Key"

"Addressing The Drivers Of Our Debt" Through Taxation Would Mean Acting "In Defiance Of The Will Of Our People"

"My Colleagues And I Are Not Calling For Tax Cuts In Our Budget"

GOP Medicare Plan Gives Seniors "The Same Kind Of Options As Members Of Congress"

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April 19, 2011 2:55 pm ET filed under Blog

Vulnerable GOP Frosh Cashing In On Party's Attempt To Roll Back Wall Street Reforms

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April 05, 2011 5:27 pm ET filed under Blog

Senators Fighting Financial Regulation Are Bankrolled By Wall Street

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January 12, 2011 2:57 pm ET filed under Fact Check

A Year Later, Rep. Pence Still Lying About Imaginary "Permanent Bailout Authority" In Wall Street Reform Bill

Last January, Republican message maven Frank Luntz released a memo advising the GOP that "the single best way to kill any legislation is to link it to the Big Bank Bailout." With Democrats pushing to reform the casino-style practices on Wall Street that led to the recession, Republicans dug in and attacked the effort as a "permanent bailout" at every opportunity, but the bill became law last July. Now Republicans are talking about repealing the bill, and recycling the "permanent bailout" lie in the process. Today on C-SPAN, Rep. Mike Pence (R-IN) used Luntz's language to call for repeal, but the fact remains that the law actually ends the bailout culture — which is why Wall Street started giving money hand-over-fist to Republicans like Pence in the last election cycle.

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January 05, 2011 1:20 pm ET filed under Blog

Rep. Bachmann: Repeal "Job Killer" Wall Street Reform

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November 02, 2010 6:03 pm ET filed under Ad Check

In 60-Second Ad, National Republican Trust Rewrites Recent History On Wall Street

A new minute-long ad from the National Republican Trust PAC accuses the Obama administration and the Democratic Party of swindling the American people to help "their friends on Wall Street." The carefully-worded ad paints a hopelessly inaccurate picture of what happened during the Wall Street collapse. You wouldn't know it from watching this ad, but the Wall Street "bailout" was initiated at the sharp insistence of the Bush administration in 2008, when then-Senator Obama was in the heat of the presidential contest. Even worse, the NRT claims that this year's landmark financial regulatory reform bill was a fraud because "the vast bulk of Wall Street money goes to fund" Democrats' campaigns. But by that same logic, the reform bill must be pretty potent stuff: Wall Street has made a dramatic shift in allegiances and is giving twice as much to Republicans as Democrats in the wake of the law's passage.

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October 28, 2010 6:30 pm ET filed under Blog

Rep. Bachmann's Logic Proves Republicans Are The Party Of Wall Street

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July 07, 2010 11:01 am ET filed under Blog

RNC Goes Off-Message On Wall Street Reform

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June 29, 2010 10:07 am ET filed under Blog

On Wall Street Reform, Sen. Scott Brown Is Dancin' With The One That Brung Him

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May 05, 2010 2:21 pm ET filed under Fact Check

BP And Goldman Sachs: Gambling With Your Money

Just like Goldman Sachs, BP acted irresponsibly by recklessly pursuing profits at the expense of the American people.  Both companies gambled, both companies lost, and both companies expect the taxpayer to clean up their mess.  It's time both companies are held accountable.

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May 04, 2010 6:08 pm ET filed under Blog

Banking Industry Lobbyists Fear Wall Street Reform

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April 28, 2010 11:45 am ET filed under Fact Check

Rep. Boehner Lies About Wall Street Reform In Ohio Op-Ed

In an April 28, 2010 op-ed in Hillsboro, Ohio's Times Gazette, House Minority Leader John Boehner repeated the Frank Luntz-inspired lie that Wall Street reform would create a permanent bailout fund.  In reality, the bill does NOT reward or bail out firms, but safely dismantles "any failed financial company" that threatens the stability of the entire economy.  The costs of dissolving these companies are paid NOT by taxpayers, but by fees levied on financial companies.

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April 27, 2010 6:12 pm ET filed under Video

Once Again, Rep. Boehner Lies About Wall Street Reform

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April 27, 2010 5:59 pm ET filed under Video

Rep. Boehner Repeats Permanent Bailout Lie

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April 27, 2010 5:39 pm ET filed under Fact Check

Once Again, Rep. Boehner Lies About Wall Street Reform

During an April 27, 2010 appearance on Fox News, House Minority Leader John Boehner repeated the Frank Luntz-inspired lie that Wall Street reform would create a permanent bailout fund.  In reality, the bill does NOT reward or bail out firms, but safely dismantles "any failed financial company" that threatens the stability of the entire economy.  The costs of dissolving these companies are paid NOT by taxpayers, but by fees levied on financial companies.

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