Tony Fratto

Type: Person
Name: Tony Fratto
Title: Assistant Secretary for Public Affairs
Organization: U.S. Department of the Treasury
Nationality: United States
Fact Sheet: Biography for Tony Fratto
First reported Apr 17 2014 - Updated Apr 17 2014 - 1 reports

Last Remaining Populist House Republican Faces K Street's Own Wolf Of Wall Street

Congressman Walter Jones, a Republican who represents a wide swath of eastern North Carolina , might not strike you as a populist. But as a lawmaker, the veteran politician with a slow Southern drawl has become a gadfly in his own party for thumbing his ... [Published Huffington Post - Apr 17 2014]
First reported Mar 30 2014 - Updated Mar 30 2014 - 1 reports

Banks hit by $100bn in US legal settlements since crisis

Wall Street banks and their foreign rivals have paid out $100bn in US legal settlements since the financial crisis, according to Financial Times research, with more than half of the penalties extracted in the past year.The sum reflects a substantial shift ... [Published The News International - Mar 30 2014]
First reported Mar 26 2014 - Updated Mar 26 2014 - 1 reports

Banks suffer growing backlash as legal fines for misconduct rocket to $100BILLION

Deal between Credit Suisse and the Federal Housing Finance Agency will see the Swiss bank pay out $885millionBiggest banks could face further $151billion in costs as a result of stress tests carried out last week The big US banks and their foreign rivals ... [Published Mail Online UK - Mar 26 2014]
First reported Mar 26 2014 - Updated Mar 26 2014 - 1 reports

White House blasts GOP on IMF reform — Another Obamacare delay — Cavanagh leaves JPM

By Ben WhiteWHITE HOUSE BLASTS MOVE TO DROP IMF REFORM — White House senior adviser Dan Pfeiffer: “It’s simply irresponsible that the Republican leadership insisted on holding IMF reforms hostage in an effort to protect their special interest campaign ... [Published Politico - Mar 26 2014]
First reported Mar 26 2014 - Updated Mar 26 2014 - 1 reports

Banks Have Paid $100 Billion In US Fines Since Financial Crisis: Report

The world’s largest banks have forked out close to $100 billion to settle U.S.-based legal disputes since the beginning of the financial crisis, according to a research study by the Financial Times .Last week, Credit Suisse agreed to pay $885 million ... [Published Economy Watch - Mar 26 2014]
First reported Mar 25 2014 - Updated Mar 25 2014 - 1 reports

Life and Death and the 2015 Budget Request

The post by Mary Silver , Epoch Times appeared first on The Epoch Times .Let’s put this in fairy tale terms. Your neighbor is a poor widow who struggles to feed her beloved son and daughter. She is ill and weak, in danger of dying. In your garden there ... [Published Epoch Times - Mar 25 2014]
First reported Mar 13 2014 - Updated Mar 13 2014 - 1 reports

Hedge Funds' Big Bet on Fannie and Freddie May End Up Worthless

Almost six years after bad home loans crippled the economy, Perry Capital and other big hedge funds are battling the government over the future of mortgage companies Fannie MaeOther investors getting in on the action include Bruce Berkowitz, the mutual ... [Published BusinessWeek - Mar 13 2014]
First reported Feb 27 2014 - Updated Feb 27 2014 - 1 reports

The New Plan To Impose An Extra Tax On Wall Street Hinges One One Big Question

Yesterday, Max Baucus (D-MT) and Dave Camp (R-MI) introduced a tax reform bill that would force a new asset tax on big Wall Street banks, and naturally Wall Street isn't having it. The summary of the bill alone is about 200 pages, but for the Street, ... [Published Clusterstock - Feb 27 2014]
First reported Feb 26 2014 - Updated Feb 26 2014 - 2 reports

Why The Sweeping Tax Reform Proposal Is Already Doomed

The latest sweeping attempt at tax reform wasn't just dead upon its arrival, which is scheduled for Wednesday afternoon. In the words of former Bush administration official Tony Fratto , it was dead before arrival. Here's why no one in Congress ... [Published Clusterstock - Feb 26 2014]
First reported Feb 03 2014 - Updated Feb 04 2014 - 1 reports

Treasury secretary Jack Lew demands action on debt ceiling 'very soon'

Treasury secretary Jack Lew speaks at the Bipartisan Policy Center in Washington. Photograph: Saul Loeb/AFP/The treasury secretary, Jack Lew, said on Monday the US government’s borrowing limit should be extended as a matter of urgency, warning that the ... [Published Guardian.co.uk - Feb 03 2014]
First reported Jan 30 2014 - Updated Jan 31 2014 - 1 reports

Reid's opposition to fast-tracking Trans-Pacific Partnership gives foes time to fight trade deal

Fast-tracking the disastrous Trans-Pacific Partnership has been belatedly attracting ever-more foes in Congress. One who publicly added himself Wednesday to the ranks of the fast-tracking opposition to the trade agreement might be key to its eventual ... [Published Daily Kos - Jan 30 2014]
First reported Jan 30 2014 - Updated Jan 30 2014 - 1 reports

Senate Leader Reid Just Threw A Wrench Into Obama’s Big Bipartisan Proposal

Senate Majority Leader Harry Reid announced his opposition Wednesday to trade promotion legislation, tossing a wrench into White House efforts to build congressional support for massive free-trade deals with Asia and Europe. "I'm against 'fast track,'" ... [Published Clusterstock - Jan 30 2014]

Quotes

Tony Fratto, of Hamilton Place Strategies in Washington, said the fines were "very substantial, in some cases orders of magnitude larger than anything we've seen in the past" , and came on top of higher compliance costs imposed after the crisis
"reid pulled the rug out from maybe the only bipartisan economic policy left in washington, and kicked the president in the shins for good measure" said Fratto, now a managing partner at Hamilton Place Strategies

More Content

All (15) | News (8) | Reports (0) | Blogs (6) | Audio/Video (0) | Fact Sheets (1) | Press Releases (0)
sort by: Date | Relevance
Last Remaining Populist House Republican Faces ... [Published Huffington Post - Apr 17 2014]
Banks hit by $100bn in US legal settlements sin... [Published The News International - Mar 30 2014]
Banks suffer growing backlash as legal fines fo... [Published Mail Online UK - Mar 26 2014]
White House blasts GOP on IMF reform — Another ... [Published Politico - Mar 26 2014]
Banks Have Paid $100 Billion In US Fines Since ... [Published Economy Watch - Mar 26 2014]
Life and Death and the 2015 Budget Request [Published Epoch Times - Mar 25 2014]
Hedge Funds' Big Bet on Fannie and Freddie May ... [Published BusinessWeek - Mar 13 2014]
The New Plan To Impose An Extra Tax On Wall Str... [Published Clusterstock - Feb 27 2014]
Why The Sweeping Tax Reform Proposal Is Already... [Published Clusterstock - Feb 26 2014]
GOP tax bill 'dead before arrival' [Published Daily Kos - Feb 26 2014]
Treasury secretary Jack Lew demands action on d... [Published Guardian.co.uk - Feb 03 2014]
Reid's opposition to fast-tracking Trans-Pacifi... [Published Daily Kos - Jan 30 2014]
Senate Leader Reid Just Threw A Wrench Into Oba... [Published Clusterstock - Jan 30 2014]
Programming notes [Published First Read - Dec 04 2013]
Biography for Tony Fratto [Published Able2Act - Oct 03 2007]
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sort by: Date | Relevance
The New Plan To Impose An Extra Tax On Wall Str... [Published Clusterstock - Feb 27 2014]
Yesterday, Max Baucus (D-MT) and Dave Camp (R-MI) introduced a tax reform bill that would force a new asset tax on big Wall Street banks, and naturally Wall Street isn't having it. The summary of the bill alone is about 200 pages, but for the Street, ...
Why The Sweeping Tax Reform Proposal Is Already... [Published Clusterstock - Feb 26 2014]
The latest sweeping attempt at tax reform wasn't just dead upon its arrival, which is scheduled for Wednesday afternoon. In the words of former Bush administration official Tony Fratto , it was dead before arrival. Here's why no one in Congress ...
GOP tax bill 'dead before arrival' [Published Daily Kos - Feb 26 2014]
House Ways and Means Chairman Dave Camp has decided to propose a draft tax reform bill, but don't hold your breath, because even before he's officially unveiled it, Republicans are declaring its death, from Senate Minority Leader Mitch McConnell to ...
Reid's opposition to fast-tracking Trans-Pacifi... [Published Daily Kos - Jan 30 2014]
Fast-tracking the disastrous Trans-Pacific Partnership has been belatedly attracting ever-more foes in Congress. One who publicly added himself Wednesday to the ranks of the fast-tracking opposition to the trade agreement might be key to its eventual ...
Senate Leader Reid Just Threw A Wrench Into Oba... [Published Clusterstock - Jan 30 2014]
Senate Majority Leader Harry Reid announced his opposition Wednesday to trade promotion legislation, tossing a wrench into White House efforts to build congressional support for massive free-trade deals with Asia and Europe. "I'm against 'fast track,'" ...
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