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Blanche Lincoln

Fed Delays Swaps Rule For Goldman Sachs

In a major concession, the Federal Reserve on Wednesday gave Goldman Sachs Group Inc . two more years to comply with a requirement that it divest part of its derivatives business to a separately capitalized unit. The Fed said Goldman Sachs would have until July, 2015 to comply. Known as the Lincoln Rule, after former Arkansas Democrat Sen. Blanche Lincoln, the measure was set up to have riskier credit derivatives trades take place in a separately capitalized unit so that any trading failure there would not have access to the institution's commercial bank division, which is backed by insured deposits and taxpayers through the Federal Reserve's discount window. Other agencies last month reportedly notified Bank of America Corp. and J.P. Morgan Chase & Co. and other institutions that they would have any additional 24 months to comply with the regulations. In addition, bipartisan bills have started to advance in the House and Senate seeking to transform the provision and allow some commodi...

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    FBN's Charlie Gasparino argues Wall Street will probably back Obama again in 2012.

  2. Big Backers Giving Up on Democrats?

    Noelle Nikpour, former campaign manager for Rudy Giuliani, argues political backers don't want to waste their money on the midterm elections.

  3. Fact Checking the President -- Again

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  4. Pataki on Impact of Midterm Elections

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  5. US black farmers ask why some get aid and they wait

    By Jasmin MelvinWASHINGTON (Reuters) - Black farmers involved in a decades-old discrimination case are questioning why the Obama administration has promised to haste...

  6. Report: Unions Dominating Campaign Spending

    Fmr. Reps Tom Tancredo and Martin Frost weigh in on campaign spending.

  7. Lawmakers Complete Final Financial Reform Overhaul

    FBN’s Jenna Lee previews President Obama’s expected remarks on the progress of the final financial reform bill.

  8. Lawmakers Reach Final Compromise on Financial Reform

    FBN's Ashley Webster on lawmakers reaching a final compromise on the financial reform bill.

  9. Lawmakers Near Deal on Financial Regulatory Overhaul

    FBN's Ashley Webster on how close Congress is to sending a final bill on financial reform to the President.

  10. Businesswomen Taking Over the GOP?

    Lady Lynn Forester de Rothschild on the Super Tuesday winner and whether we’re better off with successful businesswomen in office.

  11. Unions Blow $10M on Blanche Lincoln

    Neil sounds off on the union funds that couldn't bring a win home for the Arkansas senator.

  12. Primary Results: November Outlook

    We break down whether the results of Super Tuesday will impact the midterm elections.

  1. Is Entitlement Reform Necessary to Fix the Debt?

    Senator Blanche Lincoln says that we need both revenues and spending cuts to fix the federal debt.

  2. NFIB CEO: Small Businesses Need Certainty

    Dan Danner, NFIB CEO, on how small businesses will vote in November and how regulations are impacting the entrepreneurial spirit in America.

  3. Are Government Regulations Sensible or Going Too Far?

    Former Sen . Blanche Lincoln , (D-Ark.), on the impact of regulations on business.

  4. The Costly Burden of Government Regulations on Small Business

    Former Sen . Blanche Lincoln , (D-Ark.), on the financial impact of regulations on small businesses and their ability to hire.

  5. Senator Lincoln on Small Business, Regulation

    Senator Blanche Lincoln on bringing balance to Washington.

  6. Banks Under Pressure

    We take a look at how the WikiLeaks threat and insider-trading probe are impacting the financial sector.

  7. Death Tax Could Jump to 55%

    While we keep counting down until the Bush tax cuts expire, there is another concern cropping up in 31 days: the death tax!If Congress does nothing, and raise your h...

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