Tag: Finance

Report: Deadbeat America drowning in credit card debt

Finance and Economy

Report: Deadbeat America drowning in credit card debt

Anna Giaritelli · June 8, 2016 9:59 pm

President Obama vetoed a congressional resolution to block the newly finalized Labor rule on conflicts of interest in retirement financial planning. (AP Photo/Carolyn Kaster, File)

Obama vetoes GOP measure to block conflict of interest rule

Joseph Lawler · June 8, 2016 7:30 pm

House Financial Services Committee Chairman Jeb Hensarling, a staunch conservative, acknowledged that he has differences with Trump, but indicated that he thought he could work with him on his priorities.

House GOP banking chief finds common ground with Trump

Joseph Lawler · June 7, 2016 1:45 pm

Rep. Jeb Hensarling, the chairman of the House Financial Services Committee, outlined his priorities for the next Congress during a speech in downtown Washington. (AP Photo)

GOP Dodd-Frank alternative would repeal Durbin amendment

Joseph Lawler · June 7, 2016 1:20 pm

The eight biggest U.S. banks, like Bank of America, would have to roughly double their capital levels to qualify for Rep. Jeb Hensarling's plan. (AP Photo/Chuck Burton, File)

GOP gives banks a way out of Dodd-Frank

Joseph Lawler · June 7, 2016 4:01 am

The finding buttresses claims made by critics of the Obama administration rule who have said that its paperwork and legal burdens will cause some advisers to stop serving low-income individuals or small businesses. (AP Photo/Damian Dovarganes)

New Obama rule could hit savers hard, analysis finds

Joseph Lawler · June 7, 2016 4:01 am

Fed Chairwoman Janet Yellen and other officials has served to convince investors that rates are rising faster than previously thought, and those investors in turn have bid up interest rates on short-term bonds. (Graeme Jennings/Examiner)

How the Fed is raising interest rates through talking

Joseph Lawler · June 6, 2016 4:01 am

Sen. Orrin Hatch told the IRS he is "concerned that this area of our tax code is ripe for exploitation." (Andrew Harrer/Bloomberg, File)

Tax-exempt private museums under congressional scrutiny

Joseph Lawler · June 2, 2016 4:38 pm

A trade group representing payday lenders had harsh words for new rules governing the industry from the Consumer Financial Protection Bureau. (Photo by Sandy Huffaker/Bloomberg News, File)

Industry threatens suit over payday lending rule

Joseph Lawler · June 2, 2016 4:02 pm

"By putting in place mainstream, common-sense lending standards, our proposal would prevent lenders from succeeding by setting up borrowers to fail," Richard Cordray said. (Gary Tramontina/Bloomberg, File)

Consumer bureau to announce new rules for payday loans

Joseph Lawler · June 2, 2016 4:01 am

In a study commissioned by the Independent Petroleum Association of America, Bessembinder, a finance professor, wrote that hidden costs often can exceed the smaller returns on investments incurred by universities that divest from fossil fuel companies. (Norm Betts/Bloomberg, File)

Study: Divesting from fossil fuel firms could cost colleges billions

Kyle Feldscher · June 1, 2016 4:07 pm

FDIC Chairman Martin Gruenberg says megabanks whose living wills have been rejected will have a chance to fix them. (Drew Angerer/Bloomberg)

Regulator promises banks ‘full and fair’ hearing on living wills

Joseph Lawler · June 1, 2016 3:53 pm