An apparent agreement between House and Senate conferees on a rewrite of federal financial regulations itself underwent an emergency revision on June 29 as the lead Senate negotiator, Christopher Dodd (D-Conn.), won approval for an amendment he hopes will get the bill through the chamber. Construction officials theorized that if the measure becomes law, its new regulatory mandates and costs could prompt banks to make already-tight credit even more dear. Photo By Ap/wideworld Frank (left), Dodd led House and Senate conferees on bill, including late amendment. Dodd saw that objections to a $19-billion “assessment” on banks and hedge funds was
The growing need to collect, store and analyze the huge volumes of data collected from infrastructure project stakeholders is generating a new growth area for construction-sector firms, IT vendors and professionals.