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Sen. Elizabeth Warren, D-Mass., a key member of the Banking Committee, expresses her opposition to a move in the Senate to pass legislation that would roll back some of the safeguards Congress put into place after a financial crisis rocked the nation's economy ten years ago, during a news conference at the Capitol in Washington, Tuesday, March 6, 2018. Warren, who ran for office in the aftermath of the great recession in 2008, serves as ranking member of the Subcommittee on Financial Institutions and Consumer Protection.
Economy

Fed accedes to Elizabeth Warren, will hold public vote on Wells Fargo punishment

Joseph Lawler -
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Sen. Kamala Harris, D-Calif., questions Gina Haspel, President Donald Trump's pick to lead the Central Intelligence Agency, during her confirmation hearing before the Senate Intelligence Committee, on Capitol Hill in Washington, Wednesday, May 9, 2018.
Economy

Kamala Harris calls for NFL’s ‘Rooney Rule’ for Fed hiring

Joseph Lawler -
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Wells Fargo CEO woos wary customers after winning over Warren Buffett
Business

Wells Fargo CEO woos wary customers after winning over Warren Buffett

James Langford -
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Workers pour materials used for making glass countertops at the IceStone manufacturing facility in the Brooklyn borough of New York, U.S., on Monday, Nov. 14, 2016. The Federal Reserve Bank of New York is scheduled to release the empire state manufacturing figures on November 15.
Economy

Economy adds 164,000 jobs in April, unemployment drops to 3.9 percent

Joseph Lawler -
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Federal Reserve Chairman Jerome Powell speaks following the Federal Open Market Committee meeting in Washington.
Economy

No rate hike for now, but Fed weighs faster monetary tightening

Joseph Lawler -
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Top bank regulator warns of new financial crisis after announcing retirement
Economy

Top bank regulator warns of new financial crisis after announcing retirement

Joseph Lawler -
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Fed makes stress tests simpler, not necessarily cheaper
Business

Fed makes stress tests simpler, not necessarily cheaper

James Langford -
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Wells Fargo agreed to a $1 billion settlement over auto- and mortgage-lending practices, and its growth has been capped by the Federal Reserve.
Business

Wells Fargo’s $1 billion fine doesn’t fix lagging momentum

James Langford -
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Incoming NY Fed chief: Bitcoin ‘doesn’t make sense’ as a currency
Economy

Incoming NY Fed chief: Bitcoin ‘doesn’t make sense’ as a currency

Joseph Lawler -
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Wells Fargo's business model is still intact, and the bank is making progress resolving the string of scandals that tarnished its reputation with customers, CEO Tim Sloan told investors on Thursday, May 10, 2018.
Economy

$1B penalty for Wells Fargo expected as soon as Friday

Joseph Lawler -
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