Tag: Finance

Mark Johnson, the head of foreign-exchange cash trading for the London-based HSBC, was arrested Tuesday in New York City and will appear in a federal court Wednesday on charges of conspiracy to commit wire fraud. (Luke MacGregor/Bloomberg)

Megabank executive charged with rigging exchanges

Joseph Lawler · July 20, 2016 2:46 pm

Of the 390 new rules required by the sweeping law, 274 have been finalized and 36 proposed. (AP Photo/Andrew Harnik)

Six years later, 70 percent of Dodd-Frank rules written

Joseph Lawler · July 19, 2016 5:06 pm

The insertion of the Glass-Steagall measure was a surprise, and bank groups rushed to criticize it after reports circulated that it might be included. (AP Photo/Lefteris Pitarakis/Nick Ut/Kathy Willens/Matt Dunham)

GOP wants a new Glass-Steagall for banks

Joseph Lawler · July 18, 2016 11:10 pm

Industry group worried about plans for higher capital and elimination of regime for ending failed banks. (AP Photo/Mark Lennihan, File)

Bankers spell out concerns with GOP finance reform bill

Joseph Lawler · July 18, 2016 6:38 pm

Rep. Maxine Waters says lawmakers are being unpatriotic in undermining Obama's nuclear deal with Iran. (AP Photo/Lauren Victoria Burke)

Waters questions GOP patriotism in seeking to stop Boeing sales to Iran

Joseph Lawler · July 13, 2016 9:28 pm

Hensarling: HUD chief Julian Castro changed rules for selling distressed mortgages to favor nonprofits. (AP Photo/Pablo Martinez Monsivais)

Possible Clinton VP pick grilled over mortgage deals

Joseph Lawler · July 13, 2016 4:30 pm

Regulation acts as a barrier to entry. The banks know this, very well. (AP Photo/File)

Beltway Confidential

A reminder that regulation protects big banks from competition

Timothy P. Carney · July 13, 2016 10:55 am

The group seeks to avoid congressional interference with the Fed's conduct of monetary policy, a stance that puts it in conflict with some of the ideas advanced by Democrats as well as Republicans. (Andrew Harrer/Bloomberg, File)

Chamber wants overhaul of Fed’s ‘black box’

Joseph Lawler · July 12, 2016 5:36 pm

Treasury Secretary Jack Lew and congressional Republicans agree on the factors pushing companies out, especially the high 35 percent U.S. corporate tax rate and the unusual practice of applying that rate to all worldwide income. (AP Photo/Andy Wong)

Businesses warn that proposed Treasury tax rule goes too far

Joseph Lawler · July 11, 2016 4:01 am

The fiscal 2017 financial services appropriations bill would cut $236 million from the IRS budget, part of a Republican effort to crack down on the agency. (AP Photo/Andrew Harnik)

House passes bill with $236 million in IRS cuts

Joseph Lawler · July 8, 2016 3:11 am

Six senators, including Bob Corker, R-Tenn., and Mark Warner, D-Va., wrote to Federal Housing Finance Agency Director Mel Watt to warn him against re-privatizing Fannie Mae and Freddie Mac, as that would "perpetuate the pre-crisis practice of socializing losses and privatizing gains." (AP Photos)

Corker, Warner warn regulator not to free Fannie and Freddie

Joseph Lawler · July 7, 2016 8:36 pm

Sen. Marco Rubio introduced legislation to block any possibility that a pending $17 billion-plus deal between Boeing and the Iranian government could receive financing from the Export-Import Bank of the United States. (Andrew Harrer/Bloomberg, File)

Rubio aims to block Ex-Im financing of Boeing sales to Iran

Joseph Lawler · July 7, 2016 2:36 pm