Financial industry regulation

House Speaker Nancy Pelosi of Calif., gestures while speakings during a news conference on Capitol Hill in Washington, Thursday, Oct. 17, 2019. (AP Photo/Pablo Martinez Monsivais)
October 17, 2019 - 8:10 pm
WASHINGTON (AP) — House Speaker Nancy Pelosi is plowing ahead with her bill to allow Medicare to negotiate prescription drug prices despite a breakdown in relations with her chief bargaining partner on the issue — President Donald Trump. The nonpartisan Congressional Budget Office has estimated the...
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FILE - This April 22, 2005, file photo, shows logos for MasterCard and Visa credit cards at the entrance of a New York coffee shop. Visa and Mastercard are dropping out of Facebook’s Libra project, a potentially fatal blow to the social network’s plan for a worldwide digital currency, Friday, Oct. 11, 2019. (AP Photo/Mark Lennihan, File)
October 12, 2019 - 8:05 am
Facebook faces a rough road ahead with Libra, but defections by high-profile partners are still unlikely to spell the end for the digital currency. On Friday, Visa and MasterCard announced their departures from the Libra project, as did e-commerce giant eBay and payments startup Stripe. Last week,...
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In this, Monday, Oct. 7, 2019 photo, David Schaecter, president of the Holocaust Survivors Foundation USA (HSF), gestures as he speaks during an interview with The Associated Press in Aventura, Fla. Aging Holocaust survivors are trying to recover insurance benefits that were never honored by Nazi-era companies, which could be worth billions of dollars. The companies have demanded original paperwork, such as death certificates, that were not available after World War II. The survivors want to take insurance companies to court in the U.S. to recover the money, but it would take an act of Congress to allow it. (AP Photo/Wilfredo Lee)
October 08, 2019 - 5:00 pm
AVENTURA, Fla. (AP) — When David Schaecter was a child in Slovakia in the 1930s, he counted more than 100 people in his extended family. By the end of World War II, he alone survived. The rest had been killed in Nazi concentration camps or by roving SS death squads. Schaecter lost not only his...
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FILE - In this July 17, 2019 file photo, Democratic presidential candidate, Sen. Bernie Sanders, I-Vt., speaks about his "Medicare for All" proposal at George Washington University in Washington. Sanders had a heart attack, his campaign confirmed Friday, Oct. 4, as the Vermont senator was released from a Nevada hospital. Sanders' campaign released a statement from the 78-year-old's Las Vegas doctors that said the senator was stable when he arrived Tuesday at Desert Springs Hospital Medical Center. (AP Photo/Patrick Semansky)
October 07, 2019 - 6:00 am
WASHINGTON (AP) — Bernie Sanders is unveiling a major campaign finance plan, continuing his 2020 presidential bid even as he's at home recuperating from a heart attack. The Vermont senator said Monday that as president he'd enact mandatory public financing laws for all federal elections and ban...
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FILE - In this Jan. 2, 2014 file photo, a Fiat logo pictured on a car in Milan, Italy. Fiat Chrysler has agreed to pay $40 million to settle a complaint by securities regulators that it misled investors by overstating monthly sales numbers. (AP Photo/Antonio Calanni, File)
September 27, 2019 - 1:54 pm
DETROIT (AP) — Fiat Chrysler is paying $40 million to settle with U.S. securities regulators who say the automaker misled investors by overstating its monthly sales numbers over a five-year period. The Italian-American company inflated sales by paying dealers to report fake numbers from 2012 to...
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September 26, 2019 - 3:31 am
THE HAGUE, Netherlands (AP) — Dutch bank ABN AMRO says it is under investigation for possible breaches of the Netherlands' money laundering and terrorism financing legislation. The bank announced the probe in a short statement Thursday and said it will cooperate fully with investigators. Earlier...
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FILE - In this Tuesday, Aug. 25, 2015 file photo, Financial information is displayed on screens and a ticker inside the London Stock Exchange in the City of London. The London Stock Exchange is rejecting an unsolicited takeover bid from its Hong Kong counterpart, citing “fundamental concerns” about the offer. The London Stock Exchange said Friday, Sept. 13, 2019 that it sees “no merit” in going forward with the offer because of the concerns. (AP Photo/Matt Dunham, file)
September 13, 2019 - 10:07 am
LONDON (AP) — The London Stock Exchange on Friday rejected an unsolicited takeover bid from its Hong Kong counterpart, citing "fundamental concerns" about the offer. The London Stock Exchange Group said strategic and regulatory problems were among the reasons it turned down the unexpected proposal...
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FILE - In this Sept. 31, 2019, file photo, Fresno State quarterback Jorge Reyna, left, looks to throw a pass as Southern California USC Trojans defensive lineman Christian Rector approaches during an NCAA college football game in Los Angeles. The NCAA’s Board of Governors is urging Gov. Gavin Newsom not to sign a California bill that would allow college athletes to receive money for their names, likenesses or images. In a six-paragraph letter to Newsom, the board said the bill would give California schools an unfair recruiting advantage. As a result, the letter says, the NCAA would declare those schools ineligible for its events. (AP Photo/Kyusung Gong, File)
September 11, 2019 - 9:14 pm
SACRAMENTO, Calif. (AP) — Athletes at California colleges could hire agents and sign endorsement deals under a bill the state Legislature sent to the governor Wednesday, setting up a potential confrontation with the NCAA that could jeopardize the athletic futures of powerhouse programs like USC,...
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FILE - In this Tuesday, Feb. 26, 2019, file photo, Veterans Affairs Secretary Robert Wilkie testifies on Capitol Hill in Washington. Demand for answers escalated as federal officials promised Friday, Aug. 30, 2019, to conduct a sweeping investigation into suspicious deaths at Louis A. Johnson VA Medical Center in Clarksburg, W.Va. (AP Photo/Jose Luis Magana, File)
September 11, 2019 - 5:53 pm
WASHINGTON (AP) — The government may be required to pay billions of dollars in emergency care claims to veterans after a federal court ruled this week that the Department of Veterans Affairs improperly denied reimbursements for such care received at non-VA facilities. The ruling by the U.S. Court...
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September 10, 2019 - 3:26 pm
NEW YORK (AP) — Seven states and the District of Columbia have sued the Securities and Exchange Commission, saying the regulatory agency is putting investors in jeopardy by relaxing rules designed to ensure that securities brokers keep the interests of their customers ahead of their own. The...
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