One year after the passage of the Dodd-Frank financial overhaul, key regulators keep delaying or weakening new rules and regulations. The Commodities and Futures Trading Commission is also proposing to push back impending deadlines.
The Commodity Futures Trading Commission proposes to delay rules governing the $600 trillion swaps market. Why is it so hard to put financial reform into action?
Reviewing the week's news on Wall Street. This week: Ben Bernanke's latest remarks, the slow economic recovery and paying for the wild weather across the country.
Jill Schlesinger, editor-at-large with CBS/MoneyWatch, takes a look at recent stock market activity, and how the latest setbacks might impact savings plans.
Adolfo Laurenti, deputy chief economist at Mesirow Financial, explains how recent stock numbers show a slowdown in economic activity, and how factors like oil prices and the Chinese housing bubble could impact the economic soft patch.
A big Wall Street lobbying group, seeking to influence regulation designed to police the financial industry, holds a fundraising dinner for Congressman Frank.
