Walt Minnick News on Daylife

House OKs Wall Street bill

Sat, 12 Dec 2009 05:17:23 GMT

- Provide first-ever regulation of exotic financial instruments called derivatives - Rein in excessive speculative investment on Wall Street - Require banks to set aside more capital in reserve - Tighten supervision over credit-rating agencies who...
Source: The State

Minnick's attempt to streamline financial regulations bill fails, but just barely

Fri, 11 Dec 2009 21:59:11 GMT

Idaho Democratic Rep. Walt Minnick failed in his effort to streamline a new bill tightening federal regulation of the financial sector, but still voted for the measure Friday. Minnick's amendment failed on a 208-223 vote.
Source: Idaho Statesman

House Beats Back Challenge to Financial Overhaul

Fri, 11 Dec 2009 19:10:18 GMT

Democrats sidestepped a major challenge to their financial overhaul bill Friday, defeating an attempt to remove a White House-backed consumer protection provision.
Source: CQ Politics

Bid to weaken financial rules ahead of vote today

Fri, 11 Dec 2009 18:04:31 GMT

A final vote on the sweeping overhaul of Wall Street regulations was expected Friday. Before that, however, Democrats were hoping to fend off a key amendment that would eliminate the creation of an independent Consumer Finance Protection Agency.
Source: Santa Rosa Press Democrat

Labrador, Ward win endorsements from lawmakers

Fri, 11 Dec 2009 16:30:38 GMT

Two Treasure Valley legislators have endorsed their colleague, Rep. Raul Labrador, for the GOP nomination for Idaho's 1st District seat in Congress, while Vaughn Ward picked up the support of Sen. Lee Heinrich, R-Cascade.
Source: Idaho Statesman

House Democrats Could Lose 28 Members And Be A FAR Stronger, More Effective Force In 2011

Fri, 11 Dec 2009 14:36:06 GMT

In fact, yesterday they did. When H.R. 3288, an appropriations bill with employment stimulus in mind, came up for a vote, every single Republican-- as expected-- voted against it.
Source: Down With Tyranny!

Financial reforms debated

Fri, 11 Dec 2009 09:21:40 GMT

WASHINGTON After banks and their House allies won limits in the reach of state consumer banking laws, Democratic leaders on Thursday prepared to fight off efforts within their party to further weaken a crisis-driven financial overhaul bill.
Source: The Daily Advertiser

House eases restrictions on derivatives trades

Fri, 11 Dec 2009 04:56:12 GMT

Though not major setbacks, the votes illustrated the difficulties facing House Financial Services Committee Chairman Barney Frank and the Obama administration as they seek to pass legislation aimed at preventing a recurrence of last year's Wall Street...
Source: Southern California Public Radio

Quoted in 'Rep. Labrador to Announce Congressional Bid'

Wed, 02 Dec 2009 21:59:42 GMT

said in KIVITV.com:

After a lot of thought and discussion with my wife, family, and conservative leaders throughout Idaho, I've decided to seek the Republican nomination for Congress in ID-01 and restore this seat to a proven Idaho conservative ... If one thing has become clear over the last elevn months, it's that Democrat control of both the White House and Congress is not only bad for Idaho, it's bad for America and our economy. Walt Minnick represents a vote for Nancy Pelosi as Speaker and the terribly ruinous policies she and other Democrats are pushing on America.

Quoted in 'Community banks get a boost'

Wed, 11 Nov 2009 08:14:52 GMT

Walt Minnick said in San Diego Union-Tribune:

While there is no question that regulatory gaps and other regulatory shortcomings were a significant contributor to the economic crisis, those gaps were largely within the non-bank lending market and Wall Street banks ... We call on regulators to show some temperance in their regulation of traditional banks.

Photo from AP Photo

Sat, 25 Apr 2009 03:11:04 GMT

FILE - In this Nov. 10, 2008 file photo, Walt Minnick, Idaho Representative-elect responds to questions in downtown Boise, Idaho.

Walt Minnick Interview

Wed, 29 Oct 2008 18:10:10 GMT