Wall Street’s Stake in the 2016 Political Scramble
The political cycle is shifting into higher gear. Here's what to expect as the presidential candidates maneuver on economic and financial issues.
Presidential Candidate O’Malley Unleashes Wall Street Crackdown Manifesto
The 10-page manifesto by former Gov. Martin O'Malley of Maryland promises to boost regulators' budgets and punish misbehaving banks more harshly.
Sen. Warren Reintroduces Bill to Restore Glass-Steagall
New poll results the same day found voters still want tougher rules for Wall Street five years after Dodd-Frank Act became law.
Senators Think Stock Buybacks Might Be Manipulative
Some politicians, like Sens. Elizabeth Warren and Tammy Baldwin, think that stock buybacks are bad and that the SEC should forbid them as market manipulation.
DOL Fiduciary Rule Out by May 2016: Lawyer
DOL must finalize a rule in the next year in order to implement it before another president takes office, ERISA lawyer Steve Saxon says.
DOL Shouldn't Rubber-Stamp Waivers for Guilty Banks, Democrats Say
Sen. Warren and others want DOL to hold a hearing on waivers requested by four megabanks to remain “qualified professional asset managers” despite guilty pleas.
Sen. Warren Slams SEC Chief for ‘Broken Promises’
Sen. Elizabeth Warren, D-Mass., lambasted SEC Chairwoman White in a 13-page letter about her “broken promises” of agency action on major consumer protection issues.
There's No Shortage of Bad Ideas on Social Security
Social Security is an emotional topic, made more so by misinformation.
Dodd-Frank Rollback Bill Advances in Senate
The Senate Banking Committee passed on a sharp party-line vote Thursday the Financial Regulatory Improvement Act. Democrats including Sen. Warren blasted the bill.
Senate Democrats Push Back on DOL Fiduciary Plan
The Obama administration plan to tighten rules on brokers is facing blowback from the president’s own party.