U.s. Financial System Overhaul, Regulation | featured news

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Talks With G.O.P. on Financial Bill at ‘Impasse,’ Dodd Says

Sen. Christopher J. Dodd indicated that Democrats would forge ahead with their own bill, following months of talks that had been aimed at reaching a bipartisan consensus.

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Obama's plan to overhaul financial regulations is seen abroad as a first step

The Obama administration's proposal to overhaul financial regulations, aimed in part at restoring global confidence in America's economic system, triggered a welcome but largely wait-and-see response from overseas investors and analysts.

Obama's Plan Falls Flat With Many Economists

President Obama said he was looking for a "careful balance" when sketching his blueprint to stabilize the nation's financial sector and wring from the system the kind of risky practices that propelled the country into economic turmoil.

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