“Regulation is essential. You can’t have the free market work if you don’t have regulation,” Republican Mitt Romney said tonight. “At the same time, regulation can become excessive… With some of the regulation that has passed during the president’s term,”...
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Moderator Jim Lehrer, center, asks President Barack Obama and Mitt Romney to respect the order of speaking during the Presidential Debate.
Obama-Romney Debate: Wall Street
Photograph by Charly Kurz/laif/Redux
Sanford "Sandy" Weill
Banking’s Sandy Weill: Latter-Day Nobel Playing with Dynamite?
Sanford Weill is blowing Washington minds. The former Citigroup CEO who helped engineer the country’s current financial system in the late ’90s says he now thinks investment banks and commercial banks should be split up. His change of heart voiced...
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Photograph by Tim Boyle/Bloomberg
A monitor displays Ben S. Bernanke while a trader works near the two-year and five-year U.S. Treasury Note options pit.
Washington Daybook: Federal Reserve to the Rescue?
The focus in Washington turns today to the Federal Reserve and what tools the U.S. central bank may have left in its arsenal to boost the flagging economy. Federal Reserve Chairman Ben S. Bernanke testifies before Joint Economic Committee on...
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Photograph by Jeff T. Green/Getty Images
The Hanford Nuclear Reservation near Richland, Washington.
Washington Daybook: Clearing the Air
Regulation of pollutants and JPMorgan will dominate discussions in the nation’s capital today, along with fallout from yesterday’s elections. The Senate Banking Committee will hear from Treasury Secretary Tim Geithner and Federal Reserve, FDIC, and other market regulators on what...
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Photograph by Charles Ommanney/Getty Images
In the last moments of their administration President George W. Bush and first lady Laura Bush welcome Barack H. Obama and his wife Michelle in the Blue room of the White House.
Washington Daybook: Picture This
Former President George W. Bush and his wife Laura drop by the White House today to check out their official portrait and have lunch with the Obamas. The Bushes have pretty much avoided Washington like the plague since departing the...
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Photograph by Justin Lane/EPA
The JPMorgan Chase building in New York.
Washington Daybook: Show Me The Money
JPMorgan Chase & Co.’s $2 billion-and-counting loss from derivatives trading will be probed by both a Senate committee and a Treasury panel today. CFTC Chairman Gary Gensler and SEC Chairman Mary Schapiro will testify before the Senate Banking Committee on...
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Photograph by Simon Dawson/Bloomberg
Jamie Dimon
Has JPMorgan’s Dimon Changed His Tune on Regulation?
Jamie Dimon knows more than anyone else that many onlookers are enjoying his recent discomfort. Announcing to the world a mea culpa is never fun, but because Dimon has seemingly been such a vocal critic of regulatory overreach, $2 billion...
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Photograph by Andrew Harrer/Bloomberg
SEC
Republican Head-Turner: Defending the SEC
U.S. House lawmakers have warred over the Securities and Exchange Commission since Republicans took control of the chamber in 2011, with Democrats defending the agency against budget cuts and efforts to stall or halt its Dodd-Frank Act rulemakings. The status...
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Photograph by Ken Cedeno/Bloomberg
Michael G. Oxley, right, chairman of the House Financial Services Committee, and Congressman Barney Frank.
Repeal My Law, Mitt? No Problem!
Michael G. Oxley is aiding Mitt Romney even as the presumptive Republican presidential nominee says he would repeal Sarbanes-Oxley. Yes, that Sarbanes-Oxley: the 2002 financial accounting law that bears his name. Oxley, a former Ohio congressman now with Baker Hostetler...
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Contributors
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Al Hunt
is a columnist for Bloomberg View and host of the weekly show "Political Capital with Al Hunt" on Bloomberg TV. -
Mark Silva
is deputy managing editor for government news in Washington and editor of Political Capital. He has covered the White House and national politics. -
Emma Fidel
is political editor for Bloomberg.com in Washington. She previously covered financial regulation as a Bloomberg intern. -
Don Frederick
edits political and government coverage for Bloomberg News. He previously worked for more than a decade at the Los Angeles Times' Washington bureau. -
Gregory Giroux
analyzes elections, financing of congressional and presidential elections, political advertising and demographics in Bloomberg's Washington Bureau. -
Julie Bykowicz
covers the influence of money and lobbying in Washington, and covered the state legislature and city crime for the Baltimore Sun for 10 years. -
Jonathan Salant
covers campaign finance and lobbying in Washington. He was president of the National Press Club and started in Washington in 1987. -
Richard Rubin
covers federal tax policy. He worked at Congressional Quarterly and The Charlotte Observer before joining Bloomberg News in 2010. -
Julie Hirschfeld Davis
is a senior political reporter for the Washington Bureau. She covered the 2012 campaign for Bloomberg News and previously covered the White House for the Baltimore Sun. -
Lisa Lerer
covers the White House and covered the 2012 campaign for Bloomberg News. She covered Congress, lobbying and the 2008 campaign for Politico. -
John McCormick
is a national political reporter looking forward to the 2016 presidential campaign, which will be the fifth he's covered. He's also reported for The Des Moines Register and Chicago Tribune. -
Julianna Goldman
covers the White House for Bloomberg News and Bloomberg Television. -
Hans Nichols
covers the White House for Bloomberg News and Bloomberg Television. -
Margaret Talev
covers the White House for Bloomberg News and covered the White House for McClatchy Newspapers. She has covered California and Florida politics. -
Cary O'Reilly
is Editor at Large at Bloomberg First Word and is Washington Daybook columnist for Bloomberg Government and Bloomberg News.
