Kaufmann Brown News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Evaluates their offering. and grades it. something that could go a long way toward actually stopping the cops for working for the crooks. at least an incremental step. for those keeping score, here's where things stand, kaufmann brown's actual reform for too big to fail voted down earlier. they want to create two classes of banks and we can all, you know, bugger off. senator lincoln's derivatives plan gets a check with a big question mark, especially when you figure people like this in her own party, are saying things like this. >> senator lincoln's got a primary next tuesday. and so i think s...

Breaking news from washington, d.c., senator chris dodd, the chairman of the senate finance committee, moments ago signing on to senator bernie sanders' audit the fed amendment. that amendment, along with the kaufmann-brown amendment on too big to fail continues to gain momentum on the senate floor. senate majority leader, harry reid, said he's likely to be for kaufmann-brown to break up the banks. the question is, are senator dodd and senator reid, the majority leader and the chairman of the committee simply talking? or are they whipping votes on both the republican and democratic side of the...

Number. and just say over 50%. that's over $7 trillion. so if we don't limit their growth, and bring them under control, we're always going to build too big to fail into the legislation. we have to stop that. and stop it as cold in its tracks as we can. and the democratic bill, to start with, doesn't do that. so we have to change the bill so that we can start from a reasonable position. it doesn't take care of derivatives or credit default swaps. >> sure it does, that's not true. >> no, it does not. >> explain to me your -- let's do one issue at a time though, quite honestly. let me ask you a ...

Something, anything. but how do we get these politicians pressured to do the right thing, the smart thing? and not just -- something. as we sit here, actual reforms like the kaufmann-brown plan to break up the banks exist. they just don't have very many people who represent us fighting for them against the bank lobbyists and all their money. so who will fight for real reform on behalf of the american people? maybe it is the republicans. joining us now, republican senator jim bunning of kentucky. senator, pleasure to see you, sir. talk to me about your view of what happened today with goldman s...

They got out of control, it's time for us to rein them back in and put us back under control. >> i want to make it clear that you're not here because you think wall street needs to be shut down? >> no, absolutely not. we need them to be a supportive character for the real economy. help us create jobs, help us rebuild the economy. help us put america back to work. >> what is your point of view on the current legislation? >> it needs to be strengthened. there are things we want to do to make it stronger. we think that right now, the big banks that are too big to fail, they make up about 63% of o...