Tag: Finance

"We've known since Watergate the rules of the road where the president shouldn't intervene in an ongoing investigation, particularly if it involves individuals close to that president," Sen. Mark Warner, D-Va., said. (AP Photo/Susan Walsh)

Mark Warner wants bankers to pressure Paul Ryan and Jeb Hensarling on regulatory relief bill

Joseph Lawler · April 24, 2018 2:32 pm

Fed makes stress tests simpler, not necessarily cheaper

James Langford · April 24, 2018 4:01 am

Banking group head: ‘Sometimes, it’s better if Congress does nothing’

Joseph Lawler · April 24, 2018 4:01 am

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

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

James Langford · April 23, 2018 2:48 pm

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

Joseph Lawler · April 20, 2018 4:50 pm

Wells Fargo agreed to pay $1 billion to settle government probes of its auto-loan and mortgage-lending practices.

Wells Fargo pays $1 billion to settle investigations of auto loans, mortgages

James Langford · April 20, 2018 1:30 pm

General Electric is cooperating with a Justice Department probe of a discontinued mortgage business.

GE reserves $1.5 billion to cover risk in Justice’s mortgage probe

James Langford · April 20, 2018 1:16 pm

Sen. Heidi Heitkamp, D-N.D.

Beltway Confidential

Big banks love funding Heidi Heitkamp, and she loves subsidizing big banks

Timothy P. Carney · April 20, 2018 12:56 pm

A monitor displays General Electric Co. signage on the floor of the New York Stock Exchange earlier this year. While U.S. stocks have climbed overall, the historic manufacturer's shares have tumbled as CEO John Flannery attempts to turn around a company grappling with challenging markets and an influential activist investor.

GE profit surges despite weakening power business

James Langford · April 20, 2018 11:16 am

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.

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

Joseph Lawler · April 19, 2018 10:55 pm

JPMorgan promises $4B in loans in major push into DC

James Langford · April 19, 2018 7:10 pm

GOP complains to the Fed about banks cutting off gun companies

Joseph Lawler · April 19, 2018 3:47 pm