Tag: Finance

House OKs financial regulatory relief bill, putting Senate Democrats in the spotlight

Joseph Lawler · July 17, 2018 10:36 pm

Federal Reserve Board Vice Chair Randal Quarles listens during an open meeting in Washington, Thursday, June 14, 2018. The board is meeting to discuss the final rule to establish single-counterparty credit limits for large U.S. bank holding companies and foreign banks.

Senate confirms top Trump financial regulator to second term

Joseph Lawler · July 17, 2018 7:49 pm

Federal Reserve Chairman Jerome Powell speaks at an event.

Jerome Powell denies ‘haggling’ with Goldman Sachs, Morgan Stanley over stress tests

Joseph Lawler · July 17, 2018 3:16 pm

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.

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

James Langford · July 17, 2018 12:34 pm

Melvin "Mel" Watt, director of the Federal Housing Finance Agency (FHFA), listens during a House Financial Services Committee hearing in Washington, D.C., U.S., on Tuesday, Dec. 8, 2015. The Financial Stability Oversight Council's effort to enhance its transparency is "important," Securities and Exchange (SEC) Commissioner Mary Jo White said at the hearing.

Government caretaker of Fannie and Freddie is unconstitutional, federal court rules

Joseph Lawler · July 17, 2018 9:37 am

For a marriage to last, you must learn to deal with conflict and confront issue that stand between you and your spouse; millennials aren't doing that.

Red Alert Politics

Newlywed millennials aren’t having the right financial conversations

John Patrick · July 17, 2018 4:01 am

Trump revamping use of credit scores for home loans

Joseph Lawler · July 17, 2018 4:00 am

Noting that Congress is set for recess in the coming days, Puerto Rican Gov. Ricardo Rossello said in a letter Saturday to congressional leaders of both parties: "I implore you to use this critical window of opportunity" to approve emergency funding.

Federal judge says hedge funds can sue over Puerto Rico debt

Joseph Lawler · July 16, 2018 2:29 pm

A pedestrian enters BlackRock Park Avenue Plaza in New York.

BlackRock’s Fink warns US ‘trade friction’ is undercutting economy

Daniel Strauss · July 16, 2018 2:12 pm

FILE - In this Tuesday, Jan. 17, 2012, file photo, a customer uses an ATM outside a Wells Fargo branch in Charlotte, N.C. Newly appointed Wells Fargo CEO Tim Sloan told employees Tuesday, Oct. 25, 2016, that he is "sorry for the pain" that the bank's employees have suffered as a result of the company's sales practices scandal.

Big banks launch new trade group

Joseph Lawler · July 16, 2018 1:36 pm

Wall Street firms mine profit from Trump’s market-rattling trade war

James Langford · July 16, 2018 8:29 am

A customer gets stamps at a U.S. Post Office in San Jose, Calif., on Dec. 5, 2011.

Postal banking faces challenges, but is more plausible than you’d think

Mark Curry · July 16, 2018 4:00 am