Paul Kanjorski News

Senate Banking Committee Chairman Christopher Dodd on Tuesday called for sweeping new government powers to prevent another economic collapse, protect consumers and dismantle failing institutions.

As the House Financial Services Committee considers legislation to confront systemic risk, one lawmaker is proposing an amendment that would grant the government authority to bust up institutions that are too big to fail.

In case you're wondering which Pennsylvania members of Congress supported the Pelosi Health Care Bill, which will raise taxes and put your family's current health care coverage at risk, see the list below.

Federal Reserve Chairman Ben S. Bernanke is gambling that come March, he can stop the purchases of mortgage-backed securities that have propped up the U.S. housing market.

Bill sponsor Paul Kanjorski [official website] said: In order to maintain a sound economy, we must improve investor protection and confidence.

Rep. Paul Kanjorski sounded annoyed when freshman New Jersey Democrat John Adler invoked Emanuel's name while pushing a controversial amendment to Kanjorski's investor protection bill.

Rep. Kanjorski has proposed that federal regulators have the power to dismantle firms "too big to fail," even if theya re not financially at risk.

The House Financial Services Committee voted to exempt small and midsized public companies from Sarbanes-Oxley audit requirements.

A powerful subcommittee chairman working on financial regulations didn't appreciate Rahm Emanuel's role in trying to change his bill - and he pointedly reminded members of his panel that President Barack Obama's chief of staff isn't in the House anymore.

For the last decade or so, Internet service providers have been dealing with requests to block access to pornographic or copyright-infringing Web sites, or in China, ones that dare to criticize the government .

Updated at 6:06 p.m. WASHINGTON -- In a sharp rebuke of Wall Street after a string of hefty bailouts last year, House Democrats are considering legislation that would let the government break up even healthy firms if regulators think they've grown too big.

Close November 3, 2009, 3:53 PM ET By Damian Paletta House Financial Services Committee Chairman Barney Frank held a press conference Tuesday on efforts to overhaul financial regulation.

Internet industry stakeholders are keeping an eye on legislation intended to provide the Securities and Exchange Commission with additional authorities to protect investors.

Big banks will not be forced to downsize and the public will be the last to know when they fail, a controversial bill unveiled by U.S. Treasury Secretary Timothy Geithner and Congressman Barney Frank proposes.

Lawmakers from both parties are concerned that an Obama administration-backed bill intended to deter future taxpayer-funded Wall Street bailouts would have the opposite effect and give the White House too much power over the nation's financial sector.

An Obama administration plan to dissolve large, struggling financial firms rather than bail them out is encountering Republican resistance, Democratic doubts and only qualified support from regulators.

An Obama administration plan to dissolve large, struggling financial firms rather than bail them out is encountering Republican resistance, Democratic doubts and only qualified support from regulators.

A leading House Democrat backed away Wednesday from a sweeping proposal that would have watered down a post-Enron reform, permanently exempting small publicly-traded companies from a requirement that they obtain outside audits of their internal controls.

As Barney Frank , the Massachusetts congressman and chairman of the House Financial Services Committee, pushes President Obama's consumer and derivatives bills, Frank's lieutenant, Rep.

Managers of hedge funds and private-equity funds would be required to shed some light on their investments by registering with and opening their books to the Securities and Exchange Commission under legislation expected to clear a powerful congressional committee later Tuesday.