By Joseph Lawler | 12/10/13 03:12 PM
The Volcker Rule, a creation of the 2010 Dodd-Frank financial regulation overhaul, faced its last step before taking effect on Tuesday, when five federal regulatory agencies voted on its approval.
By Joseph Lawler | 12/06/13 11:54 AM
Three years after the passage of the landmark Dodd-Frank financial reform law, regulators are rushing to finish writing the rules for one of its key provisions: the Volcker Rule. Boosters see the rule, which would restrict investment banks from engaging in speculative trading on their own behalf...
By Nicole Gelinas | 11/22/13 09:05 AM
In July 2010, four months after President Obama signed his universal health care act into law, he enacted his other signature achievement, the Dodd-Frank financial reform law. Although it hasn't gotten as much attention, Dodd-Frank is as flawed in its own way as Obamacare, with a similar...
By Sean Higgins | 11/21/13 12:59 PM
Over the last decade, Washington has become one of the financial world's new hubs. Increased regulations and oversight like Dodd-Frank, Obamacare, Sarbanes-Oxley, the EPA's aggressive emission controls and the creation of a Consumer Financial Protection Bureau now give Washington lawmakers...
By Rich Tucker | 11/19/13 03:54 PM
Speaking over the graves of patriotic Americans 150 years ago today at Gettysburg, Abraham Lincoln delivered a short speech that may be the most important in American history. To conclude his two minutes of remarks, Lincoln declared that the Civil War was being waged so “that government of...
By Joseph Lawler | 11/14/13 07:27 PM
A report from the Government Accountability Office released Thursday finds that the Federal Reserve offered banks bailout loans at below-market interest rates during the crisis, and that the central bank hasn't moved to finalize the regulations it is required to implement to avoid such bailouts...
By Joseph Lawler | 11/12/13 06:09 AM
President Obama will nominate Treasury Department veteran Timothy Massad to be the nation's top regulator of financial derivatives on Tuesday afternoon, according to a White House official.
By Editorial Writer | 10/29/13 07:35 AM
Here’s something to think about: It’s against federal law for any private employer to make a hiring or promotion decision on the basis of either race or gender. But it’s not against the law for the federal government to do so. In fact, the reality of the federal workplace is that political...
By Byron York | 12/09/13
By Byron York | 12/09/13
By Richard Pollock | 12/06/13