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via Jennifer Bendery and Zach Carter, The Huffington Post In a move that next to nobody in the White House saw coming, President Barack Obama announced Monday that William Daley is resigning as his chief of staff and being replaced by budget director Jacob Lew. “Last week, my chief of staff Bill Daley informed me … Continue reading
via The Huffington Post Big banks are on track to spend a record amount lobbying lawmakers this year. The five banks that spend the most on lobbying have boosted their lobbying outlays by 12 percent in the first three quarters of 2011, compared to the same period last year, according to an analysis by the … Continue reading
via Tom Braithwaite, Financial Times Bank of America became the latest US bank to scrap plans for a debit card fee, acting after worries that customers of the second-largest US bank by deposits would move their accounts. BofA said its u-turn was a “response to customer feedback and the changing competitive marketplace”. Analysts had worried … Continue reading
The Brandt Standard 