The US senator leading the effort to pass a financial reform bill said he has reached an impasse with his Republican counterpart and will begin drafting new legislation to be considered later this month

President Barack Obama's efforts to win final approval of a historic financial regulatory reform bill looked more complicated on Saturday after a Republican senator threatened to oppose it

The prospects for passage of sweeping financial reform legislation have improved recently as negotiations over the bill enter the final stretch, senior officials in the Obama administration said

The Press Gazette reports: A newly published Ministry of Justice Structural Reform Plan shows that developing options for reform is expected to take from June this year until March next year. The plan gives as a milestone the publication next March of a “draft Defamation Bill for the reform of libel laws published for pre-legislative

Barack Obama, US president, is set to push for financial regulatory reform, including some of its more controversial elements, as Republican opposition to the bill appears to be softening

The US House of Representatives took a step closer to passing a financial regulatory reform bill after lawmakers spent scrutinising a flurry of last-minute amendments

Republican senators on the influential finance committee failed to delay Democratic attempts to pass a healthcare reform bill, saying detailed information about the cost of reform was needed before they could vote

The Chance Of Tort Reform Becoming A Reality We all heard the gratuitous line concerning tort reform issued by President Obama in his speech pushing for passage of his healthcare bill. While creation of the bill in its' current form has been extremely partisan in nature, the President made this statement as an apparent "overture" to the Republican Party. There is little doubt that frivolous l...

Chris Dodd, chairman of the Senate banking committee, said he was unwilling to make significant changes to a proposed consumer financial protection bureau but could give up a $50bn resolution fund to win Republican support for a financial reform bill

US President Barack Obama urged lawmakers to resist pressure to weaken a financial reform bill and called again for an independent consumer watchdog to help prevent future financial crises