WASHINGTON — Lawmakers split Tuesday on whether the regulatory reform bill should include a "financial crisis responsibility fee" charged on the largest institutions.
While lawmakers from both parties sound open to the idea, they lack a consensus on timing, with some worried about charging banks prematurely before true losses from the Troubled Asset Relief Program are known as well as which companies should be taxed.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access