Sens. Dodd, Shelby agree "conceptually" on changes to reform bill

05/5/2010 | Bloomberg

Christopher Dodd, chairman of the Senate banking committee, said he came to an agreement with Sen. Richard Shelby, R-Ala., on changes to legislation to overhaul financial regulation that would prevent the rescue of financial firms. The senators plan to eliminate a measure for a $50 billion fund paid for by the industry to cover the expense of liquidating financial firms that get into trouble. "I'm satisfied, as I believe my colleague from Alabama is, that we've reached an agreement on the 'too big to fail' provisions," Dodd said.

View Full Article in:

Bloomberg

Published in Brief:

SmartBrief Job Listings for Business

Job Title Company Location
Vice President, HEDIS & Performance Outcomes
CareSource
Dayton, OH
Pharmacy Benefit Analyst/ Auditor
Confidential
Nationwide, SL_Nationwide
Vice President, Girls and Women Strategy
United Nations Foundation
Washington, DC