1 minute readCongressional leaders took their latest step Tuesday toward passing sweeping bank-reform legislation by picking 12 senators — seven Democrats and five Republicans — to participate in efforts to reconcile the financial-industry regulation bills approved by the House and Senate. Senate leadership excluded controversial senators from the effort by approving Democratic Sens. Christopher Dodd of Connecticut, chairman of the Senate Banking Committee; Tim Johnson of South Dakota; Jack Reed of Rhode Island; and Charles Schumer of New York, while the Republican senators chosen to participate are Richard Shelby of Alabama, the Banking Committee’s ranking member; Bob Corker of Tennessee; Mike Crapo of Idaho; and Judd Gregg of New Hampshire.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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The story for the housing market over the past three years has been, “Home sales are down, home prices are up.” Because inventory was so restricted after the pandemic, prices pushed higher even as demand weakened. That story may finally be inverting as unsold inventory of homes is now great enough that home prices are […]
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio