Tag: Banking and credit regulation
Yellen picks top Fed banking regulator as acting comptroller
WASHINGTON — Michael J. Hsu, a top banking regulator at the Federal Reserve, was appointed by Treasury Secretary Janet Yellen on Friday as acting...
Merchants sue Federal Reserve over fees for debit cards
NEW YORK — Two trade groups representing businesses in North Dakota filed a lawsuit Thursday against the Federal Reserve, asking the agency to lower...
After COVID relief bill, progressives look for next big win
ATLANTA — Activist Jan Rivers stood surrounded by “JOBS NOW” signs as she tried to round up support for a massive infrastructure and climate...
After COVID relief bill, progressives look for next big win
ATLANTA — Activist Jan Rivers stood surrounded by “JOBS NOW” signs as she tried to round up support for a massive infrastructure and climate...
Senate OKs tough former regulator as market watchdog chief
WASHINGTON — The Senate has approved President Joe Biden’s choice of Gary Gensler to head the Securities and Exchange Commission, signaling an emphasis on...
Powell defends Fed’s consideration of climate change risks
WASHINGTON — Federal Reserve Chair Jerome Powell on Wednesday defended the Fed's increasing scrutiny of the threat that climate change could pose to the...
Genworth pulls plug on its acquisition by China Oceanwide
RICHMOND, Va. — Insurer Genworth Financial has pulled the plug on its long-delayed acquisition by a Chinese company.
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Cyprus kicks off new registry declaring true company owners
NICOSIA, Cyprus — A new digital registry obliging Cyprus-based companies to declare their true owners puts the east Mediterranean island nation in line with...
Budget writers derail plan seen as bailout for Hoeven’s bank
BISMARCK, N.D. — Budget writers in the Republican-controlled North Dakota House want to derail legislation to save a troubled shipping facility, after criticism that...
Fed to end relaxed capital requirements for large banks
WASHINGTON — The Federal Reserve says it will restore capital requirements for large banks that were relaxed as part of the Fed’s efforts to...
