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Federal Reserve Chairwoman Janet Yellen said that banks will face the possibility of tougher requirements if they have not fixed the shortcomings in their
Economy

Yellen warns banks: ‘There will be consequences’ after October deadline

Joseph Lawler -
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The nominees, George Washington law professor Lisa Fairfax and Mercatus Center expert Hester Peirce, were approved by voice vote following votes on the Senate floor. (AP Photo/Evan Vucci, File)
Economy

Senate panel advances nominees for SEC

Joseph Lawler -
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Warren rips former Fed official
Economy

Warren rips former Fed official

Joseph Lawler -
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The Senate Banking Committee, of which Shelby is chairman, announced that it would hold a nomination hearing on three financial agency candidates on March 15. (AP Photo/Brynn Anderson)
Economy

Shelby schedules first hearings of the year for Obama nominees

Joseph Lawler -
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Many liberals have indicated fierce opposition to significant changes to new financial rules. (AP Photo/Andrew Harnik)
Economy

Democrats on ‘high alert’ for GOP deregulation in funding bills

Joseph Lawler -
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Yellen cites 1970s inflation to oppose Fed audit
Economy

Yellen cites 1970s inflation to oppose Fed audit

Joseph Lawler -
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GOP freshmen Sen. Tom Cotton of Arkansas. (Getty images/Justin Sullivan)
Economy

Tom Cotton, Tim Scott to join Senate Banking Committee

Joseph Lawler -
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Senate Minority Leader Mitch McConnell, R-Ky., center, flanked by Sen. John Barrasso, R-Wyo., Republican Policy Committee chairman, left, and Senate Minority Whip John Cornyn, R-Texas, right, arrives to speak with reporters following a GOP policy lunch at the Capitol Tuesday. Republicans are increasingly optimistic that they can tilt enough seats to capture the Senate majority for the first time since the 2006 elections. (AP Photo/J. Scott Applewhite)
Senate

Senate GOP charts agenda for the majority

David M. Drucker -
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Fannie Mae's settlement ends litigation involving accusations it misled investors before 2008. (AP Photos)
Economy

Obama’s chances to wind down Fannie and Freddie before November slipping away

Joseph Lawler -
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The measure would phase out Fannie and Freddie and replace them with a private insurance system with a government backstop. (iStock)
Economy

Senate bill to end Fannie Mae, Freddie Mac would save $60 billion

Joseph Lawler -
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