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Total moved out of big banks $2104164
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Comments
Will be meeting with Senator Mark Warner's office
Please email me if you want to be involved in a meeting with Senator Warner's staff that is focused on Financial re-reg. Senator Warner is on the Banking Committee and is one of the most prominent and thoughtfull members on this topic. We need Virginia constituents.
Me email is: Anjonroy@gmail.com
Lobby effort
We're trying to get Metro DC people (especially Virginia residents) together for a meeting with Senator Mark Warner's office. He is on the Senate Banking Cmte and is a key player in the financial Re-Reg efforts. Please let me know who is interested in joining us. Date is TBD, but will be Late October/Early November
Going in Early November
Please let me know who is interested in goin. I spoke with a staffer who handles Fin-Reg, and have setup a meeting.
Summary On Warner's position
1. Sit's on Banking Cmte - has lots of respect in both parties on this issue because of his business background
2. Has called for a "Council of Regulators" to manage systemic risk - is against giving the Fed more power to being the systemic risk regulator.
3. Has called for consolidating regulators (OTC, OCC, with Reg duties of the Fed and FDIC) and has spoken out on the problems of regulatory arbitrage.
4. Has not made clear public pronoucements yet on Derivatives and CFPA