Senators Have Voice in Financial Debate Snowe, Collins in Spotlight On Reining in Bonuses, Strengthening Oversight

Summary


AUGUSTA - Maine's two centrist senators are staying in the national spotlight as they push for measures to rein in bonuses for corporate executives and strengthen oversight of the financial markets.

While fury over the massive bonuses paid to American Insurance Group executives has waned on Capitol Hill in recent days, Sen. Olympia Snowe is continuing to advocate for a tax on those payments at companies that received federal bailout money.

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Extract


Senators Have Voice in Financial Debate Snowe, Collins in Spotlight On Reining in Bonuses, Strengthening Oversight

Sen. Susan Collins has introduced legislation aimed at bolstering the nation's financial regulatory system and adopting other ...

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