Yesterday morning, the Senate Committee on Homeland Security and Governmental Affairs considered and passed the Digital Accountability and Transparency Act (DATA Act) on a voice vote. The original legislation, introduced by Senators Rob Portman (R-OH) and Mark Warner (D-VA), was ...Continue reading
Graphics by Ben Chartoff and Amy Cesal. Network analysis by Alexander Furnas. In the three years since President Barack Obama signed the Dodd–Frank Wall Street Reform and Consumer Protection Act, federal regulators charged with implementing it have opened their ...Continue reading
A grassroots movement with some big name support is calling for Washington’s favorite banker to cut his ties with the Fed. Some 30,000 signatures have been collected on a Change.org petition urging that the chief executive of ...Continue reading
In 2006 and 2007, at least 12 Riverside, Calif., residents with good credit found a real estate investment that seemed too good to be true. All they had to do was fill out a few forms and in return they ...Continue reading
In February, Treasury Secretary Timothy Geithner met with the CEO and two top-level executives from the London-based bank HSBC to discuss the issue of foreign exchange swaps. The bank, which has a thriving foreign exchange business, wants Geithner to exempt ...Continue reading
Felix Salmon, finance blogger extraordinare, was inspired by some reporting by Bloomberg to have a look at Treasury's website. Apparently Tim Geithner visited Jon Stewart back in April, and Felix was understandably interested in seeing the evidence for himself ...Continue reading
Just how effective is the Obama Administration’s effort to help homeowners stave off foreclosure? It’s hard to know, in part because detailed data that could provide part of the answer is not available to the public.
Sigh. I feel like a disappointed parent. When the details of the Open Government Directive were announced early last December ...Continue reading