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Tag: 2008 Financial Crisis

Goldman Sachs announced Tuesday Lloyd Blankfein will retire as CEO and chairman on Sept. 30, and be replaced by Chief Operating Officer of Goldman Sachs David Solomon.
Business

Goldman Sachs, mentor to top Trump advisers, names new CEO

James Langford -
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The headquarters of the Federal Reserve Bank is seen at sunrise in Washington Saturday, May 24, 2008. (AP Photo/J. David Ake)
Business

Fed tests find banks would be in good shape even in another crisis

Joseph Lawler -
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Average loss rates on credit card accounts at three of the largest U.S. banks, JPMorgan Chase, Bank of America, and Citigroup, may have reached 2.46 percent in the three months through December. (iStock)
Beltway Confidential

Fixing Dodd-Frank will help small banks and credit unions nationwide

Mattie Duppler -
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The Senate voted to proceed on a bill Tuesday that aims at freeing most community lenders from the burdensome regulations of Dodd-Frank. (iStock photo)
Red Alert Politics

Dodd-Frank harms millennials, and the Senate is ripe to make fixes

Robert Hasler, Jimmy Sengenberger -
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Following the 2008 financial crisis, policymakers focused solely on stability while forgetting that we need both stability and economic growth. (AP Photo/Manuel Balce Ceneta)
Business

Small business lending can rev America’s economic engine

David Hirschmann -
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This weekend's Italian election was not so much a victory for anti-European Union forces as it was a defeat for governance. (AP Photo/Antonio Calanni)
Beltway Confidential

Michael Barone: The collapse of the Italian center-left

Michael Barone -
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In the test, the country's biggest banks will be subjected to a hypothetical crisis in which unemployment spikes, the stock market collapses, and housing prices tumble. (AP Photo/J. Scott Applewhite, file)
Business

This year’s stress tests will put banks through an even greater hypothetical crisis

Joseph Lawler -
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Former President Barack Obama made $400,000 for a speech he gave to clients of Northern Trust Corp. last month, according to a report. He is scheduled to headline Cantor Fitzgerald LP's healthcare conference next week. (AP Photo/Michael Probst, FILE)
News

Obama making $400,000 speeches to Wall Street firms: Report

Caitlin Yilek -
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In 2015, median incomes grew the fastest of any one year on record, and poverty fell. (iStock Photo)
Economy

Median household incomes hit new record high in 2016, finally eclipsing 1999 levels

Joseph Lawler -
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How Not to Fix Fannie Mae and Freddie Mac
Magazine

How Not to Fix Fannie Mae and Freddie Mac

Ike Brannon -
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