Tag: Finance

JPMorgan Chase Bank sued by customers over foreign exchange rates

JPMorgan Chase Bank sued by customers over foreign exchange rates

LocalLabs News Service · May 20, 2015 6:55 pm

FBI Assistant Director in Charge Andrew McCabe, Washington Field Office, left, and Assistant Attorney General Bill Baer, center, listens as Attorney General Loretta Lynch announces the big banks plead guilty to criminally manipulating global currency. (AP Photo)Â

5 big banks plead guilty to currency manipulation

Sean Higgins · May 20, 2015 4:09 pm

Senate Banking Committee Chairman Sen. Richard Shelby, R-Ala., left, sitting next to the committee's ranking member Sen. Sherrod Brown, D-Ohio, uses his gavel to begin a hearing on Capitol Hill in Washington, Tuesday, Jan. 27, 2015, on Iran sanctions. (AP Photo/Susan Walsh)

Democrats counter GOP reform bill with narrow measure

Joseph Lawler · May 19, 2015 5:54 pm

Calif. business owner suing Chase Bank for role in former employee’s fraud

Calif. business owner suing Chase Bank for role in former employee’s fraud

Jessica Karmasek · May 19, 2015 2:15 pm

Editorial cartoon: They’re all mine

Washington Examiner · May 19, 2015 4:00 am

Bailed-out mortgage giants Fannie Mae and Freddie Mac are a political emergency waiting to happen, Sen. Mark Warner said.Â (AP Photo/Manuel Balce Ceneta)

New study: Re-privatizing Fannie, Freddie would raise mortgage rates

Joseph Lawler · May 18, 2015 7:09 pm

Daniel Tarullo, a Federal Reserve governor and the de facto point man for the central bank on regulation, singled out the asset management industry in particular for regulation in his remarks at a meeting of federal regulatory agencies in Arlington, Virginia. (AP Photo/Harry Hamburg)

Finance execs call for new regulatory tools to fight bubbles

Joseph Lawler · May 18, 2015 2:53 pm

The $500 billion threshold would leave out regional banks like SunTrust, which has about $190 billion in assets, according to Federal Reserve data. (Getty)

Fight looms over how big a bank is

Joseph Lawler · May 16, 2015 9:00 am

Ben Bernanke argued that the Warren-Vitter bill did too much to limit regulators' response to a crisis situation, saying that some of its provisions were "unwise" even if their inclusion was necessary to pass the legislation. (AP Photo)Â

Bernanke takes aim at Elizabeth Warren’s Fed bill

Joseph Lawler · May 15, 2015 5:24 pm

Shelby's bill make it unlikely that "Fannie and Freddie are just let back out in the wild" on their own. (Getty)

Senate deregulation package would set stage for end of Fannie, Freddie

Joseph Lawler · May 15, 2015 9:00 am

"I will strenuously object to any consideration of her nomination, and request that you immediately withdraw it and instead put forward a nominee who can be confirmed by the Senate and hit the ground running," the Sen. David Vitter, R-La., said in a letter to President Obama. (Getty Image)

Warren, Vitter roll out bill to rein in Fed’s bailout powers

Joseph Lawler · May 13, 2015 3:32 pm

"I've been called Hitler for doing this, or at least this is like Hitler going into Poland. That's an actual quote from a hedge fund manager," President Obama said. (AP Photo)Â

Obama: I’ve been called ‘Hitler’ for trying to tax hedge fund managers

Joseph Lawler · May 12, 2015 10:49 pm