FINANCIAL REFORM

H.R.4173, The Wall Street Reform and Consumer Protection Act, has been debated and negotiated for well over a year and a half. The bill would create new federal agencies, strengthen consumer protection, and end bailouts. The outcome of the bill is pending, with the final vote being postponed to mid-July due to the need for three more Republican votes and the recent passing of Senator Robert Byrd.

This week's panel will discuss the bill's provisions and potential impact on Hawaii's financial industry. Joining host Dan Boylan are Sumner La Croix, Professor of Economics at the University of Hawaii at Manoa; Gary Fujitani, Executive Vice President of the Hawaii Bankers Association (HBA); Dominic Griffin III, State of Hawaii Commissioner of the Division of Financial Institutions; and Matt Pippin, Deputy Legislative Director for US Senator Daniel Akaka.

This conversation was recorded on July 8, 2010 in the PBS Hawaii studio. Insights on PBS Hawaii is presented on Thursdays at 7:30.