WASHINGTON (Reuters) - A senior U.S. lawmaker on Tuesday expressed support for Senate Banking Committee Chairman Christopher Dodd's commitment to pursue a proposal to establish an independent financial consumer watchdog agency. "I welcome Senator Dodd's intention to fight to preserve an independent consumer agency," said House Financial Services Committee Chairman Barney Frank, adding that past consumer protection failures ...

WASHINGTON (Reuters) - Bipartisan efforts on Capitol Hill to tighten financial regulation ground to a halt in the Senate on Friday, casting one of the top domestic policy priorities of the Obama administration in a stark political light. After months of public debate and closed-door talks, Senate Banking Committee Chairman Christopher Dodd, the Democrats' chief negotiator, said he has been unable ...

Looking to douse public and congressional anger, chief executives at some of the biggest financial institutions are on a mission to repair their image and gain more influence over legislation that would overhaul regulations that govern their industry. They have their work cut out for ...

WASHINGTON (Reuters) - Bipartisan efforts to tighten U.S. financial regulation ground to a halt in the Senate on Friday, leaving Democrats to proceed on their own and painting Republicans into an uncomfortable political corner. After months of public debate and closed-door talks, Senate Banking Committee Chairman Christopher Dodd, chief negotiator for the Democrats, said he is at an impasse with ...