Whistleblowers who take information about possible violations to the Commodity Futures Trading Commission will have added protections from retaliation under new rules adopted Monday.
Whistleblowers who take information about possible violations to the Commodity Futures Trading Commission will have added protections from retaliation under new rules adopted Monday.
Estimates about the budget effects of a House Republican proposal to overhaul the 2010 Dodd-Frank financial law would vary depending on whether a systemically important bank fails after the bill's enactment, according to an independent analysis for Congress.
Estimates about the budget effects of a House Republican proposal to overhaul the 2010 Dodd-Frank financial law would vary depending on whether a systemically important bank fails after the bill's enactment, according to an independent analysis for Congress.
There is now considerable empirical data to support the conclusion that capped transaction fees are hurting the very people the Durbin Amendment was designed to help. It is also helping retailers garner larger profits with no benefit to their customers.
There is now considerable empirical data to support the conclusion that capped transaction fees are hurting the very people the Durbin Amendment was designed to help. It is also helping retailers garner larger profits with no benefit to their customers.
Treasury Secretary Steven Mnuchin on Thursday told lawmakers that the Trump administration does not support reinstating the firewall between investment and commercial banking required under the Depression-era Glass-Steagall Act, clarifying previous remarks from White House officials that indicated a preference for reinstating the law that was repealed in 1999.
Treasury Secretary Steven Mnuchin on Thursday told lawmakers that the Trump administration does not support reinstating the firewall between investment and commercial banking required under the Depression-era Glass-Steagall Act, clarifying previous remarks from White House officials that indicated a preference for reinstating the law that was repealed in 1999.
The House Ways and Means Committee's first major tax reform hearing illustrated the work still ahead for Republican lawmakers as they attempt to overhaul the tax code and reconcile their blueprint with the White House agenda. The Thursday hearing also called into focus the high-pressure timeline they face to meet business expectations on enacting changes.
The House Ways and Means Committee's first major tax reform hearing illustrated the work still ahead for Republican lawmakers as they attempt to overhaul the tax code and reconcile their blueprint with the White House agenda. The Thursday hearing also called into focus the high-pressure timeline they face to meet business expectations on enacting changes.
The top trade official in President Donald Trump's administration told congressional leaders Thursday that he intends to renegotiate the North American Free Trade Agreement, meaning formal talks with Mexico and Canada could begin as soon as August.
The top trade official in President Donald Trump's administration told congressional leaders Thursday that he intends to renegotiate the North American Free Trade Agreement, meaning formal talks with Mexico and Canada could begin as soon as August.
The House will vote on its preferred legislation for changes to the 2010 Dodd-Frank financial reform law after Congress returns from its Memorial Day recess in June, a senior Republican lawmaker told Morning Consult Wednesday.
The House will vote on its preferred legislation for changes to the 2010 Dodd-Frank financial reform law after Congress returns from its Memorial Day recess in June, a senior Republican lawmaker told Morning Consult Wednesday.
As tax reform efforts on Capitol Hill gain momentum, Americans say any bill should help small businesses and the middle class — and think the rich and corporations do not need tax breaks.
As tax reform efforts on Capitol Hill gain momentum, Americans say any bill should help small businesses and the middle class — and think the rich and corporations do not need tax breaks.
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Briefings

Finance Brief: Week in Review & What’s Ahead

Treasury Secretary Steven Mnuchin told lawmakers that the Trump administration does not support reinstating the firewall between investment and commercial banking required under the Depression-era Glass-Steagall Act, clarifying previous remarks from White House officials that indicated a preference for reinstating the law that was repealed in 1999.

Finance Brief: Wells Fargo Sued by Philadelphia Over Alleged Predatory Lending

The City of Philadelphia sued Wells Fargo & Co., alleging that the country’s largest mortgage lender engaged in predatory lending. The lawsuit, which comes after a recent Supreme Court decision allowing cities to sue banks for alleged discrimination that leads to widespread defaults and lower property tax revenue, compounds Wells Fargo’s legal woes in the wake of its consumer fraud scandal.

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