SEC’s White: Fiduciary Rule Important, but Dodd-Frank, JOBS Mandates Come First
Chairwoman Mary Jo White told senators Tuesday that a fiduciary options list is a "high priority," but legally mandated rulemakings must take precedence.
Yellen: Fed May Pause Tapering if Weakness Persists; Can’t Regulate Bitcoin
Yellen told Congress that the Fed would assess whether the “unseasonably” cold weather has caused the recent uptick in “soft data.”
Congressional Hearing Tackles Long-Term Care Funding Woes
“Our current system of providing long-term care is unsustainable for both the government and for families,” Sen. Ben Nelson warned.
Yellen Confirmed by Senate to Become Fed Chairman
Yellen, who will replace Bernanke after Jan. 31, will be the first woman to head the central bank in its 100-year history.
Government Shutdown Stretches U.S. Credibility
Balancing a budget – a task that is done by every responsible family in the country – is no doubt more complex at the federal level.
Washington Watch: Financial Services Reform Finalized
Fresh off its July 4 recess, Democrats in the Senate were able to finally pass the financial services reform bill on July 15, after first...
Senate Passes Landmark Financial Services Reform Bill
The Senate passed Thursday, July 15, the massive 2,300-page financial services reform bill; the bill now goes to President Obama for his signature, which is expected in the coming days.
SENATE PASSES LANDMARK FINANCIAL SERVICES REFORM BILL
Bill heads for President Obama's signature; the $19 billion Wall Street reform will be covered by ending the Troubled Asset Relief Program (TARP) and by charging an extra premium to large banks by the Federal Deposit Insurance Corp. (FDIC).