• The Outline of Banking Reform Begins to Emerge
  • December 10, 2009 | Authors: David L. Ansell; Robert H. Ledig; Gordon L. Miller; Thomas P. Vartanian
  • Law Firm: Fried, Frank, Harris, Shriver & Jacobson LLP - Washington Office
  • Recent activity in Congress has brought forth specific banking reform bills and proposals, but they remain a long way from enactment. In the Senate Banking Committee, for example, a bold omnibus proposal was introduced but then withdrawn for further study after it received strong bipartisan criticism. Nevertheless, a few key reforms are likely to remain prominent issues and should be noted as the legislative caravan proceeds.