Tuesday , April 8 2025
Home / Mike Norman Economics / Banking reform progress

Banking reform progress

Summary:
Banking sausage still grinding... slowly. The ABA focused on pushing the bill through the House during its Washington, D.C., summit last week. The group’s leaders rallied more than 1,000 bankers to visit Capitol Hill in support of the measure before it could be swallowed by political dysfunction.  “I can’t tell you exactly where the next step is, but it will be soon, and very soon, that this legislation will be moving forward,” said James Ballentine, ABA executive vice president of government relations. Rep. Jeb Hensarling said he will support a Senate bill easing #DoddFrank regulations if the Senate will consider a separate package of bills from the House Financial Services Committee, clearing the way for the bill to pass the House. https://t.co/iUlscjgTMW —

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Jeremy Smith writes UK workers’ pay over 6 years – just about keeping up with inflation (but one sector does much better…)

Robert Vienneau writes The Emergence of Triple Switching and the Rarity of Reswitching Explained

Lars Pålsson Syll writes Schuldenbremse bye bye

Robert Skidelsky writes Lord Skidelsky to ask His Majesty’s Government what is their policy with regard to the Ukraine war following the new policy of the government of the United States of America.


Banking sausage still grinding... slowly.

The ABA focused on pushing the bill through the House during its Washington, D.C., summit last week. The group’s leaders rallied more than 1,000 bankers to visit Capitol Hill in support of the measure before it could be swallowed by political dysfunction. 
“I can’t tell you exactly where the next step is, but it will be soon, and very soon, that this legislation will be moving forward,” said James Ballentine, ABA executive vice president of government relations.

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *