Wall Street pays big to influence Washington
January 31st, 2012
02:31 PM ET
3 years ago

Wall Street pays big to influence Washington

Washington (CNNMoney) - Financial industry spending to influence Washington topped $150 million for the second year in a row, with emphasis shifting to regulators of the Dodd-Frank reform law, according to watchdog groups.

Lobbying by investment firms hit $98 million, down a little from the record $101 million spent in 2010 when the Wall Street reform bill became law, according to the Center for Responsive Politics.

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Filed under: Wall Street
Perry: Romney and Gingrich backed the 'biggest act of theft in American history'
December 19th, 2011
04:52 PM ET
3 years ago

Perry: Romney and Gingrich backed the 'biggest act of theft in American history'

Manchester, Iowa (CNN) - Republican presidential candidate Rick Perry on Monday called the Wall Street bailout "the single biggest act of theft in American history" and blamed two his rivals, Mitt Romney and Newt Gingrich, for supporting it.

During a bus tour swing through rural eastern Iowa, the Texas governor touted his small town values and blasted the Wall Street "den of thieves" for "gaming the system" and taking money out of the wallets of ordinary citizens.
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Filed under: 2012 • Iowa • Mitt Romney • Newt Gingrich • Rick Perry • Wall Street
Huntsman: Romney couldn't reform Wall Street
November 28th, 2011
10:06 PM ET
3 years ago

Huntsman: Romney couldn't reform Wall Street

Merrimack, New Hampshire (CNN) - Jon Huntsman sharpened his rhetoric against New Hampshire front-runner Mitt Romney on Monday night, six weeks before voters head to the polls in the nation's first primary state.

The former Utah governor unveiled a new line of attack against Romney, casting doubt on whether the former Massachusetts governor could dramatically shake up Washington and tackle Wall Street reform.
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Filed under: 2012 • Jon Huntsman • Mitt Romney • Wall Street
Debt committee failure: Red flag for investors
November 22nd, 2011
01:43 PM ET
3 years ago

Debt committee failure: Red flag for investors

New York (CNNMoney) - The congressional debt committee's failure likely won't be a disaster for the markets or the economy. But it is a warning signal to both.

"The failure does illustrate yet again the inability of Congress to take the tough decisions to put the federal finances on a sustainable path over the medium term," Capital Economics said in a research note.

FULL STORY

Filed under: CNNMoney.com • Congress • Deficit commission • Wall Street
Wall Street discontent high but Occupy Wall Street largely unknown
October 24th, 2011
12:00 PM ET
3 years ago

Wall Street discontent high but Occupy Wall Street largely unknown

(CNN) – Although most Americans don't trust Wall Street, that hasn't translated into full support –or understanding– of the Occupy Wall Street movement. Despite large majorities who think that Wall Street bankers are greedy, overpaid and dishonest, four in ten don't have an opinion about the weeks-long protests, according to a new CNN/ORC International poll released Monday.

Among those who have an opinion, the public is split on how they feel about Occupy Wall Street. Thirty-two percent of Americans say they have a favorable view of the movement that has spread from Wall Street to Chicago, and that even cropped up at the most recent CNN presidential debate in Las Vegas. Twenty-nine percent of the nation says they have an unfavorable view of Occupy Wall Street.

Full results (pdf)
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Wall Street demonstrations start second month
October 18th, 2011
07:46 AM ET
3 years ago

Wall Street demonstrations start second month

(CNN) - Despite political criticism and ongoing arrests, Occupy Wall Street rode a wave of global momentum into its second month Tuesday, showing no sign of losing steam.

Volunteers sorted donations for the demonstrators in a Lower Manhattan as dozens of boxes flooded in.

FULL STORY

Filed under: New York • Occupy Wall Street • Wall Street • Washington D.C.
Romney defends Wall Street but vows to fight for middle class
October 10th, 2011
03:00 PM ET
3 years ago

Romney defends Wall Street but vows to fight for middle class

Milford, New Hampshire (CNN) - Mitt Romney cast himself as a fighter for the middle class Monday at a town hall meeting in New Hampshire and mocked President Barack Obama for creating a "Where's Waldo economy."

But the former Massachusetts governor also defended Wall Street and said the financial sector is not entirely to blame for the nation's economic slump.
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Filed under: Mitt Romney • New Hampshire • Wall Street
Some Democrats praise, Republicans slam 'Occupy Wall Street'
October 9th, 2011
01:02 PM ET
3 years ago

Some Democrats praise, Republicans slam 'Occupy Wall Street'

Washington (CNN) - Politicians fought Sunday to cast the ongoing Wall Street protests in very different light, with two GOP presidential candidates calling them "class warfare" as two prominent Democrats expressed support for the protesters' message.

"They want to be heard," said Rep. John Lewis, D-Georgia. "And at the same time they want to speak to America, speak to people in power, to officials of the American government but also to the business community, especially Wall Street, to corporate America, to bankers. They're saying, in effect, that we bailed out Wall Street and now it's time for Wall Street and corporate America to help bail out the American people.

FULL STORY

Filed under: Economy • John Lewis • Wall Street
Bloomberg says Wall Street protesters trying to destroy jobs
October 8th, 2011
11:40 AM ET
3 years ago

Bloomberg says Wall Street protesters trying to destroy jobs

New York (CNN) - New York Mayor Michael Bloomberg blasted Wall Street protesters, entering their 22nd day Saturday, for targeting the financial sector and "trying to destroy the jobs of working people in the city."

Speaking on WOR radio Friday, Bloomberg said the city's labor unions - many of whom swelled demonstrator ranks earlier this week - depend on salaries that "come from the taxes paid by the people they're trying to vilify."

FULL STORY

Filed under: Jobs • Michael Bloomberg • New York • Wall Street
'Occupy Wall Street' protests spread as Obama weighs in
October 7th, 2011
08:55 AM ET
3 years ago

'Occupy Wall Street' protests spread as Obama weighs in

New York (CNN) - The "Occupy Wall Street" protests are scheduled to go on Friday as the grassroots movement continues to grow, spread to other cities and grab the attention of the president.

President Barack Obama said Thursday that the demonstrators are giving a voice to those frustrated with the financial system as protests popped up in more than a dozen American cities.

FULL STORY

Filed under: President Obama • Wall Street
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