Financial Services Legislative And Regulatory Update -- January 28, 2013

Mintz - Public Finance Viewpoints
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In This Issue:

Leading the Past Week; Legislative Branch; Executive Branch; and Upcoming Hearings.

Excerpt from Leading the Past Week -

The week began with the theater of official Washington appearing to get along during President Obama’s inauguration. A charade continued during the week as the House passed, and the Senate agreed to also pass legislation to temporarily extend the debt ceiling (and the ensure that fiscal policy will dominate for the first six months of the year). The week ended with the attendees at this years World Economic Forum (a/k/a Davos) departing the confab with the pessimistic words of UBS Chairman Axel Webber warning to avoid compliancy if, as he suspects, the economic volatility of 2012 repeats in 2013.

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