Banking Bill Coming This Week

Financial Regulation

Updated Apr. 25, 2017 12:25PM EDT / Published Oct. 26, 2009 1:41AM EDT

Rep. Barney Frank, the chairman of the House Financial Services Committee, may introduce a bill as early as this week to help the government seize the assets of troubled banks, fire bosses, and alter the terms of existing loans held by financial institutions, an official told The New York Times Sunday. Treasury Secretary Tim Geithner is expected to endorse the changes Tuesday. “These changes will impose market discipline on the largest and most interconnected companies,” a Treasury official said.

Read it at The New York Times

Ethics Panel Wants to Know if Gaetz Got High at Parties: ABC

The House committee has reportedly obtained a woman’s statement claiming the Republican attended an event where drugs were present.

ByteDance Docs Accidentally Unsealed, Revealing Its Origins

The documents were quickly resealed in Pennsylvania, but not before reporters had a good look at them.

Victim’s Fam Says Kohberger Alibi Only Helps Their Case

Kaylee Goncalves’ family has been outspoken since their daughter’s murder, wasting no time to poke holes in the alibi of their daughter’s alleged killer.

Caitlin Clark Nearing Nike Deal Worth 50 Times Her Salary

The No.1 overall pick reportedly turned down Under Armor despite it sending its top athlete—Steph Curry—to try and recruit her to the brand.

‘Manic’ Harry Styles Superfan Jailed For Stalking

Myra Carvalho stood trial in London this week for “stalking involving serious alarm or distress” and was sentenced to 14 weeks in jail.

Kate Fan Hijacks U.K. Domain for Meghan Markle’s Brand

Those clicking on the link “americanrivieraorchard.uk” found themselves directed to another website with a message of support for the Princess of Wales.

Bill Maher: Woody Allen Not a Pervert for ‘Baby Doll’ Kink

The comedian insisted the disgraced director is innocent and those refusing to work with him are “a bunch of pussies.”

Eric Adams’ Legal Defense Trust Ditches Dietl Over NSFW Rant

The fund’s counsel said Adams believes no one should be spoken to “in such a disrespectful way.”

Banking Bill Coming This Week