{"id":6205,"date":"2010-06-29T11:00:57","date_gmt":"2010-06-29T16:00:57","guid":{"rendered":"http:\/\/blogs-devl.bu.edu\/bunow\/?p=6205"},"modified":"2011-01-20T14:03:30","modified_gmt":"2011-01-20T19:03:30","slug":"wall-street-reform-bill-threatened","status":"publish","type":"post","link":"https:\/\/blogs-devl.bu.edu\/bunow\/2010\/06\/29\/wall-street-reform-bill-threatened\/","title":{"rendered":"Wall Street reform bill threatened"},"content":{"rendered":"<p><img loading=\"lazy\" class=\"alignright size-thumbnail wp-image-6206\" src=\"http:\/\/blogs-devl.bu.edu\/bunow\/files\/2010\/06\/Sen.-Robert-Byrd-150x150.jpg\" alt=\"Sen. Robert Byrd\" width=\"105\" height=\"105\" \/>The death of U.S. Senator <a href=\"http:\/\/byrd.senate.gov\/\">Robert Byrd<\/a> (r.)\u00a0is threatening to <a title=\"delay\" href=\"http:\/\/noir.bloomberg.com\/apps\/news?pid=newsarchive&amp;sid=aDN29puDYo.w\" target=\"_blank\">delay<\/a> passage of the sweeping Wall Street regulatory reform legislation until mid-July after it had been on track for <a href=\"http:\/\/www.house.gov\">House<\/a> and<a href=\"http:\/\/www.senate.gov\/\"> Senate<\/a> votes this week.\u00a0 <a href=\"http:\/\/bu.edu\/law\">Law<\/a> Professor <a title=\"Cornelius Hurley\" href=\"http:\/\/www.bu.edu\/law\/faculty\/profiles\/bios\/banking\/hurley.html\" target=\"_blank\">Cornelius Hurley<\/a>, a former counsel to the <a href=\"http:\/\/www.federalreserve.gov\/\">Federal Reserve Board of Governors<\/a> and now director of the <a title=\"Morin Center for Banking and Financial Law\" href=\"http:\/\/www.bu.edu\/law\/morincenter\/\" target=\"_blank\">Morin Center for Banking and Financial Law<\/a>, says the proposed legislation has been so weakened in compromise efforts to garner enough votes to pass it in the Senate that it might be worth starting over.<\/p>\n<p><em>&#8220;Its demise would have at least two significant benefits: first, it would allow the next Congress to develop a more robust bill, particularly with respect to systemic risk; and, second, it would enable global regulators to press the \u2018reset button\u2019 on international harmonization efforts, a vision apparently abandoned by this Congress and this Administration.\u201d<\/em><\/p>\n<p>Contact Cornelius Hurley, 617-353-5427, <a href=\"mailto:ckhurley@bu.edu\">ckhurley@bu.edu<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The death of U.S. Senator Robert Byrd (r.)\u00a0is threatening to delay passage of the sweeping Wall Street regulatory reform legislation until mid-July after it had been on track for House and Senate votes this week.\u00a0 Law Professor Cornelius Hurley, a former counsel to the Federal Reserve Board of Governors and now director of the Morin [&hellip;]<\/p>\n","protected":false},"author":114,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4491],"tags":[2890,3244,3199,2484,943,1918,577,2868,1286,2897,2936,3288,1974,3287,3257,2895,1246],"_links":{"self":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts\/6205"}],"collection":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/users\/114"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/comments?post=6205"}],"version-history":[{"count":6,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts\/6205\/revisions"}],"predecessor-version":[{"id":6251,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts\/6205\/revisions\/6251"}],"wp:attachment":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/media?parent=6205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/categories?post=6205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/tags?post=6205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}