Financial Services Regulatory Reform Update - April 4th, 2011

With the looming deadline of Friday April 8th quickly approaching, Congress needs to pass a federal budget this week or else the government will have to shut down because of a lack of funding. Negotiations are ongoing between the White House, Senate Democrats and House Republicans and a senior member on the House Budget Committee commented to us late last week that his best guess is that there is a 50-50 chance that no agreement will be made and that the government will have to shut down. Additionally, senior congressional aides on the Senate side have also shared with us that they think the government might have to shut down for at least a few days, to give Speaker John Boehner (R-OH) a “victory” for the Tea Party elements in his conference.

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.

Written by:

Published In:

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Mintz Levin - Public Finance Matters | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »


Mintz Levin’s Public Finance practice has earned a reputation for taking a client-oriented,... View Profile »

Follow Mintz Levin - Public Finance Matters:

Reporters on Deadline

All the intelligence you need, in one easy email:

Great! Your first step to building an email digest of JD Supra authors and topics. Log in with LinkedIn so we can start sending your digest...

Sign up for your custom alerts now, using LinkedIn ›

* With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.