Congress agrees on a bill. How would it change the financial landscape? President Obama will likely sign a bill into law ordering changes in the ways banks, credit card issuers and mortgage lenders interface with consumers. One could successfully argue these won’t stave off another financial meltdown, but here are the key features of the [...]

Another reform bill is now making its way through the Senate – a bill that would reregulate the financial services industry. You could argue – convincingly – that a loosely regulated Wall Street caused or least exacerbated the “Great Recession”. In the aftermath of that downturn, we may see the biggest rewrite of financial rules and regulations since the Great Depression coming before 2010 ends.