The 2010 Dodd-Frank law directs the SEC to require public companies to disclose the "pay ratio" between their CEO and median employees. It still hasn't happened.
It’s almost as if Wall Street’s been expecting a break all along – but then, maybe it has.
Virginia Democrat Jim Moran thinks Americans shouldn't object to the dangerous Dodd-Frank-killing provisions in the CRomnibus Bill.
The talking heads on CNN did their best to dismiss any influence Elizabeth Warren might have on whether this godawful "cromnibus" spending bill is passed or not. Let's hope she proves them wrong.
CNN, New Day, Dec. 11, 2014. Read more... http://crooksandliars.com/2014/12/cnn-pundits-insist-elizabeth-warren-caucus
Pelosi, an often loud supporter of the president, pushed back when the White House announced support for the package.
"They took it back, re-edited it and made sure it said exactly what they wanted it to say.”
Wall Street lobbyists have snuck into the budget package an amendment that would repeal the part of Dodd-Frank that reins in the financial weapon of mass destruction called Credit Default Swaps. Per usual, it is Elizabeth Warren that explains this best:
There are a lot of reasons why this budget deal shouldn't happen, but gutting Dodd-Frank might be one of the biggest.
Lobbyists are working hard to undermine consumer protections so the poor and middle class can swipe their cards and lose everything. Again.