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Washington
Inside Washington (04/02/2010)
* WASHINGTON (4/5/10)--Lawmakers on the Senate Agriculture Committee are writing new rules to oversee the derivatives market, which could affect larger regulatory reform for the financial industry. Committee Chairman Blanche Lincoln (D-Ark.) and ranking Republican Saxby Chambliss (Ga.) plan to introduce a bipartisan bill after Congress comes back from its April recess. The effort is noteworthy because Sens. Jack Reed (D-R.I.) and Judd Gregg (R-N.H.) have reached an impasse in negotiations over the reform bill after months of work on a reform bill by Sen. Christopher Dodd (D-Conn.) to overhaul the financial system. If Lincoln and Chambliss reach a deal on derivatives, it could help pass Dodd’s legislation. Reforming the derivatives market remains at the core of how lawmakers plan to change how the government will regulate Wall Street (The Washington Post April 2). Debate continues among lawmakers about how to make the derivatives market more transparent to minimize risk ... * WASHINGTON (4/5/10)--The President’s Economic Recovery Advisory Board (PERAB) will meet April 16 at the White House. The meeting will be open to the public via live webcast (Federal Register April 1). The board invites the public to


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