Monday Aug 18
The Washington Post
Fed Urged to Clarify Emergency Lending Rules to Prevent Bailouts
The Federal Reserve must clarify its emergency lending authority rules to foreclose the possibility of "backdoor bailouts" in a future financial crisis, a bipartisan group of lawmakers said in a letter today.
The Wall Street Journal
Barney Frank Challenges GOP's 'Too Big to Fail' Arguments
Former Rep. Barney Frank appears before the House Financial Services Committee at a hearing on "Assessing the Impact of the Dodd-Frank Act Four Years Later" on July 23. On Wednesday, Barney Frank came back to the committee he used to lead to defend the financial overhaul law he helped create.
With unopposed races, Mass. shortchanges democracy
Five of the Bay State's nine US representatives - Richard Neal, James McGovern, Joseph Kennedy, Michael Capuano, and Stephen Lynch, all Democrats - are running unopposed in this fall's midterm contests, with no challengers in either the primary or general election.
Brotherhood of Locomotive Engineers a...
BLET Legislative Reps meet for training
The Brotherhood of Locomotive Engineers and Trainmen , a division of the Teamsters Rail Conference, held a series of training classes for state legislative representatives at the Teamsters headquarters in Washington, D.C., last week.