Tag: Finance

Members of minority groups who obtain higher education still lag far behind whites in accumulating wealth and obtaining financial stability. (AP Photo)Â

Student debt undermining advantages of college for minorities

Sean Higgins · July 29, 2015 3:00 pm

"Certain FCS lending institutions have utilized lending authority outside of their mission and intended purpose, put taxpayers at risk," wrote Mulvaney.Â (AP)

America’s next big bailout?

Emilie Padgett · July 29, 2015 4:01 am

The homeownership rate fell 0.4 percentage points to 63.4 percent in the second quarter of 2015, the Census Bureau said. (AP Photo)

Homeownership falls to lowest rate since 1967

Joseph Lawler · July 28, 2015 3:17 pm

Hillary Rodham Clinton, right, and former President Bill Clinton appear on stage at the "Hillary For America" official campaign launch event on Roosevelt Island on Saturday, June 13, 2015, in New York. (Photo by Greg Allen/Invision/AP)

Hillary’s new attack on Bill’s economic legacy

Washington Examiner · July 27, 2015 4:02 am

"It's probably more tension than I've seen in a long time," Senate Banking Committee Chairman Richard Shelby said. (Getty Images)

Shelby on advancing banking legislation: ‘We’re serious about this’

Joseph Lawler · July 23, 2015 6:04 pm

Labor Secretary Tom Perez justified the proposed rule in testimony before the Senate Health Education and Labor Committee Tuesday, citing an analysis by the Council of Economic Advisers that found "this kind of conflicted advice" costs IRA investors about $17 billion every year.Â (Photo by Mark Wilson/Getty Images)

Scholars: Labor Dept. misstated studies to justify new investment rule

Sean Higgins · July 23, 2015 4:01 am

"If there's not going to be reform, we ought to let it die," Richard Shelby said of the Export-Import Bank on Tuesday in the Capitol. (AP Photo)Â

GOP measure to overhaul financial rules attached to appropriations bill

Joseph Lawler · July 22, 2015 9:32 pm

Labor Department Secretary Tom Perez has sought to reinterpret old rules to expand its reach, an approach that allows it to bypass Congress. (AP Photo/Molly Riley)

Perez defends plan to crack down on investment advice

Sean Higgins · July 21, 2015 11:19 pm

Federal Reserve Chairwoman Janet Yellen expressed skepticism about using the funds to fund highway spending in congressional testimony last week, telling Senate Banking Committee Chairman Richard Shelby, R-Ala., that she worried about the "unintended consequences" of lowering the dividend. Shelby also indicated opposition to using the dividend as a pay-for.

Highway bill would cut dividends paid by Fed to banks

Joseph Lawler · July 21, 2015 10:09 pm

Former Sen. Chris Dodd, D-Conn., celebrates the fifth anniversary of the Dodd-Frank Wall Street Reform and Consumer Protection Act at the U.S. Capitol Visitors Center July 21, 2015 in Washington, D.C. (Photo by Chip Somodevilla/Getty Images)

Dodd-Frank was a mixed bag for Wall Street, all gain for K Street

Timothy P. Carney · July 21, 2015 9:27 pm

The consumer agency and Office of the Comptroller of the Currency also each charged the bank with a $35 million penalty. (Getty Images file)

Consumer bureau orders Citibank to pay $700m for tricking credit-card customers

Joseph Lawler · July 21, 2015 4:54 pm

Former Sen. Chris Dodd, D-Conn., said people who complain about the Dodd-Frank bill "couldn't organize a two-car funeral."Â (Photo by Chris Pizzello/Invision/AP)

Dodd-Frank at 5 — helping big banks get bigger

Washington Examiner · July 21, 2015 4:01 am