At Kickoff of Schwab Impact, Optimism Over the Government. Really.
Potomac Research Group’s Greg Valliere expects no repeat of the government shutdown fiasco, and lists three reasons why he’s optimistic about the government.
Government Shutdown Ends, Debt Default Averted
Federal employees began returning to work on Thursday after the legislation passed both houses of Congress late Wednesday and was signed into law by President Barack Obama just after midnight.
Debt Ceiling Deal ‘Still Far Off,’ Says White House
With only two days left before the deadline, White House Press Secretary Jay Carney said Tuesday afternoon that no deal was near.
GOP Senators Optimistic After Obama Meeting on Debt Ceiling
“I’m glad we had the discussion,” said Sen. Kelly Ayotte, R-N.H. “Now we have to put the words into action and get this resolved.”
GOP to Offer Temporary Debt Ceiling Plan
The plan would also permanently bar Treasury from using extraordinary measures to avoid default.
Valliere Sees ‘Worst-Case Scenario’ in Debt Ceiling Fight
A “worst-case scenario” is becoming more likely as both sides of Congress have “hardened” their positions, says political strategist Greg Valliere.
How Financial Reform Became a Fiasco
Three years after Dodd-Frank’s passage, President Obama and Congress have failed to shepherd sound financial-industry rules, or level with the public.
Senate Panel Okays 33% SEC Budget Hike, Setting Up House Tussle
The Senate Appropriations Committee approves 33% SEC budget increase, or $353 million, setting up a battle with the House, which only seeks a $50 million increase. At stake could be more RIA examiners.
Andy Friedman: Which Wealth Transfer Tactics Will Survive Congress?
Act now to transfer wealth, Washington Update analyst Andy Friedman warns, because Congress is likely to close some loopholes while forging a budget compromise needed to raise the debt limit.
Sallie Krawcheck to Buy 85 Broads, a Global Women’s Network
The former Merrill broker chief says she’s happy to become the leader of 85 Broads, a group with 30,000 members from 130 countries.