By Joseph Lawler | 07/10/14 06:27 PM
Stanley Fischer warned that "actively breaking up the largest banks would be a very complex task, with uncertain payoff," even though some critics say more regulation is needed in the wake of the 2008 financial crisis.Â
07/10/14 07:15 AM
LONDON (AP) — The Bank of England has kept interest rates steady at a record low of 0.5 percent and refrained from pumping more money into the economy even as the recovery gathers strength. Thursday's decision was widely expected, even after Bank of England Governor Mark Carney startled...
07/09/14 08:00 AM
VATICAN CITY (AP) — The Vatican has chosen a French financier to become the new president of its bank, which is overhauling the way it operates after a series of financial scandals. As widely expected, the Vatican announced Wednesday it had tapped Jean-Baptiste de Franssu to head the Institute...
By Joseph Lawler | 07/02/14 11:21 AM
Six years out from the financial crisis, most Americans are still not borrowing more, despite well-qualified borrowers taking out loans.
By Richard Pollock | 06/25/14 01:10 PM
Several weeks after a top whistleblower testified of widespread discrimination and retaliation at the Consumer Financial Protection Bureau, agency officials quietly moved to reimburse its managers for legal counsel and offer legal protections, the Washington Examiner has learned. The new CFPB...
By Becket Adams | 06/23/14 12:23 PM
Vice President Joe Biden said Monday he empathizes with the plight of working families, adding in a speech at the White House that he has no savings accounts and owns no stock.
By Becket Adams | 06/20/14 05:37 PM
Current IRS Commissioner John Koskinen testified Friday on the scandal involving the targeting of conservative groups applying for tax-exempt status. And although the hearing was filled with many memorable and tense moments, particularly between the commissioner and Rep. Paul Ryan, R-Wis., one...
By Richard Pollock | 06/19/14 09:03 AM
A House subcommittee is investigating whether a high-ranking official at the Consumer Financial Protection Bureau interfered with a congressional investigation of workplace discrimination allegations at her agency.
By Richard Pollock | 06/17/14 07:17 PM
A high-ranking Consumer Financial Protection Bureau official is attempting to silence a CFPB whistleblower before he testifies to a House subcommittee, a move that critics called rare and improper. An attorney for Liza Strong, the bureau's head of employee relations, on Tuesday demanded that...
By Joseph Lawler | 06/17/14 04:09 PM
The digital currency Bitcoin is facing a new threat to its viability, this time involving its claim to be decentralized. On Friday, a single mining pool — a group of so-called miners who direct computing power to maintain the network's ledger in exchange for payment in Bitcoin — grew large...
By Richard Pollock | 06/16/14 06:29 PM
Consumer Financial Protection Bureau officials settled a high-profile complaint of gender discrimination and retaliation Monday, ending a two-year saga involving senior enforcement attorney Angela Martin.
By Paul Bedard | 07/30/14
By Associated Press | 07/31/14
By Ashe Schow | 07/31/14
By Ashe Schow | 07/31/14