Senate Ready for Showdown

Financial Regulation

Updated Apr. 25, 2017 10:16AM EDT / Published Apr. 26, 2010 2:04AM EDT

Time to start targeting Republican votes: Senate Democrats agreed on Sunday to require banks to spin off their derivatives-trading arms, with Senator Chris Dodd of Connecticut accepting the derivatives package of Senator Blanche Lincoln of Arkansas. Two Republicans have supported Lincoln’s language, but the GOP will block a vote from taking place in the Senate on Monday. Democrats are mostly gearing up for a fight rather than for a compromise with the GOP, though they appear willing to throw the $50 billion bank fee that Republicans have attacked on the scrap heap.

Read it at Associated Press

Biden No Longer Walks Alone to Marine One Alone for a Reason

He now heads to the chopper surrounded by aides.

Billionaire’s Nantucket Beach House Falls Victim to Erosion

Barry Sternlicht’s property was officially demolished after years of rising sea levels ate away at the land.

Andrew Tate’s Human Sex Trafficking Trial Will Proceed

Tate has repeatedly alleged that there is no evidence in the case against him. The Bucharest Tribunal did not see it that way.

Comcast CEO’s Earnings Jumped to $35.5 Million in 2023

He has a total net worth of $1.9 billion, according to Forbes.

Dan Rather to Appear on CBS News 18 Years After Messy Exit

Rather, 92, is slated to speak about his time at CBS in an interview set to air Sunday.

Why Columbia’s Senate Won’t Censure President Over Protests

The faculty body is set to vote on a watered-down version of a resolution against her.

3 Women Got HIV From ‘Vampire Facials’ at Shady Spa

The Albuquerque clinic was unlicensed and unsanitary, officials say.

Trump Trial Reveals Other Stars Who Paid to Bury Stories

David Pecker, the former National Enquirer publisher, dished the details during his testimony Thursday.

Senate Ready for Showdown