Scott Valentin, the banking analyst at FBR Capital Markets, believes that there is little chance that Representative Paul E. Kanjorski's bank breakup plan will make it into the final financial overhaul bill in its current form.l
Representative Paul E. Kanjorski, who has proposed an amendment to an already contentious bank breakup bill, sat down with DealBook to discuss financial regulation.
I live in PA-11. Paul E. Kanjorski (D) has repped this district since 1985. He won last cycle by just three points. Although I am slightly out of there, the majority of his district is in NEPA - northeastern Pennsylvania. Scranton, Wilkes-Barre, Hazleton: The region the coal companies trashed and left generations ago. If you think the unions and mafia are not monozygotic twins, then you don't come...
A legislative amendment set to be proposed by Representative Paul E. Kanjorski, Democrat of Pennsylvania, is creating quite a stir on Wall Street, even though a completed version has yet to be seen.
For Immediate Release: November 4, 2009 Washington, DC - Today, the House Financial Services Committee passed H.R. 3817, the Investor Protection Act, by a vote of 41-28. The legislation is part of a broader effort to modernize America’s financial regulatory system and was introduced by Rep. Paul E. Kanjorski (D-PA), Chairman of the Subcommittee on Capital Markets, Insurance, and Government Sponsored...
If you recall, a few days ago Rep. Darrell Issa of California, the Ranking Republican on the Oversight Committee, said that he would bring to a vote a subpoena request for Countrywide documents. It's old news from months ago that the Chairman, Edolphus Towns (D-NY) has said that he would not support it even though his name has been linked to sweetheart deals. So today comes. The hearing is set. Issa...
Venture Capital Funds May Not Have to Register with Hedge Funds While hedge funds have reluctantly resigned to the likely fate of SEC registration (see MFA Supports Registration), the venture capital community has been fighting hard to remain unregistered. On this front, the VC community enjoyed a victory last week as Congressman Paul E. Kanjorski (D-PA) [...]
The great mystery has now been solved. Following repeated pleas from Kanjorski to SEC Inspector General H. David Kotz to reveal exactly what caused the agency to allow King Ponz to get away with his $50 billion heist, the SEC has an answer that was well worth the wait. The months spent going through thousands of emails and reports has yielded a bounty of information previously unknown to the world....
Here's the status of where Pennsylvania's House delegation stands on an Inclusive version of the Employment Non-Discrimination Act. UPDATED AS OF 7-23-09 6:30pm; In this column: Definite Yes Probable Yes Total Yes Unconfirmed Probable No Definite No Notes PENNSYLVANIA Robert A. Brady x CS 2009; co-sponsor in 2007 Chaka Fattah x CS 2009; co-sponsor in 2007 Kathleen A. Dahlkemper x voted yes on hate...
Bloomberg: Voter concern that the Fed overstepped its authority prompted a majority of House lawmakers to co-sponsor a measure allowing for audits by the Government Accountability Office of the central bank’s monetary policy and other operations. Bernanke opposes the measure, which was introduced by Representative Ron Paul of Texas, a Republican. Asked today about the audit bill, Bernanke said...
I've been remiss in commenting on this . But I think it's important. It's also a now-or-never type of issue. I strongly encourage readers who support it to call or email Democrats on the House Financial Services Committee who haven't yet signed on to the bill, especially if you are a constituent. Here's the list as of today: Chairman Barney Frank Rep. Paul E. Kanjorski, PA Rep. Maxine Waters, CA Rep....
Chairman Paul E. Kanjorski (D-PA) and Ranking Member Scott Garrett (R-NJ) of the U.S. House of Representatives Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises, announced today that they will host an educational roundtable on Tuesday, July 7, 2009 with guest speaker, Treasury Secretary Timothy F. Geithner. This is the fifth roundtable presented by...
In SEC Inspector General H. David Kotz’s July 1, 2009 letter to Congressman Paul E. Kanjorski previewing his office’s recommendations for modifying the federal securities laws based on its ongoing investigation into the SEC’s efforts in the Madoff case, Kotz suggests expanding the SEC’s bounty program. Specifically, Kotz recommends that Congress authorize bounties for information...
Congressman Paul E. Kanjorski, the Chairman of the House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises, released a letter today from the SEC’s Inspector General, H. David Kotz, in which the inspector general responds to Chairman Kanjorski’s requests for suggestions for modifying the federal securities laws based on the Madoff investigations....