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treasury department

DAILY BEAST COVERAGE

The Looming Banking Battle

The Looming Banking Battle

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Chris Dodd's proposal to reregulate Wall Street puts Obama's efforts to shame-but it doesn't go far enough, says Jeff Madrick. Still, the fight brewing over the senator's plan will at least force Washington to face the reality of the banking mess.

11:31 PM | Nov 12, 2009
Why Washington Wont Prevent Another Meltdown

Why Washington Won't Prevent Another Meltdown

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The U.S. can't rely on the proposed House bill to protect the economy from another crash. Relying on regulators won't work, says Jeff Madrick-instead, the government should start by dividing banking activities.

12:56 AM | Oct 28, 2009
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