Financial industry regulation

Senate Armed Services Committee member Sen. Elizabeth Warren, D-Mass., questions Secretary of the Army and Secretary of Defense nominee Mark Esper during his confirmation hearing on Capitol Hill in Washington, Tuesday, July 16, 2019. (AP Photo/Manuel Balce Ceneta)
July 18, 2019 - 9:15 am
WASHINGTON (AP) — White House hopeful Elizabeth Warren is proposing new regulations on the private equity industry, pitching constraints designed to end what she decries as "legalized looting" by investment firms that take over troubled companies. Warren's plan, the latest in a series of policy...
Read More
French Finance Minister Bruno Le Maire, left, talks to US Treasury Secretary Steve Mnuchin during a meeting at the G-7 Finance in Chantilly, north of Paris, on Thursday, July 18, 2019. (AP Photo/Michel Euler)
July 18, 2019 - 6:07 am
CHANTILLY, France (AP) — The Latest on the G-7 finance ministers' meeting (all times local): 12:05 p.m. Top finance officials from the Group of Seven rich democracies are warning that cryptocurrencies like Facebook's Libra should not come into use before "serious regulatory and systemic concerns"...
Read More
In this June 13, 2019, photo released by Xinhua News Agency, guests, from left, Yi Huiman, chairman of China Securities Regulatory Commission, Liu He, vice premier, Li Qiang, top party official of Shanghai, and Ying Yong, Shanghai's mayor, celebrate the launch of the SSE STAR Market, previously referred to as the Shanghai science and technology innovation board in Shanghai. Trading is expected to start Monday, July 22, 2019 on the Chinese stock market for high-tech companies that play a key role in official development plans that are straining relations with Washington. (Fang Zhe/Xinhua via AP)
July 18, 2019 - 1:38 am
BEIJING (AP) — Trading starts Monday on a Chinese stock market for high-tech companies that play a key role in official development plans that are straining relations with Washington. Regulators have approved 25 companies in information technology and other fields seen by communist leaders as a...
Read More
In this June 13, 2019, photo released by Xinhua News Agency, guests, from left, Yi Huiman, chairman of China Securities Regulatory Commission, Liu He, vice premier, Li Qiang, top party official of Shanghai, and Ying Yong, Shanghai's mayor, celebrate the launch of the SSE STAR Market, previously referred to as the Shanghai science and technology innovation board in Shanghai. Trading is expected to start Monday, July 22, 2019 on the Chinese stock market for high-tech companies that play a key role in official development plans that are straining relations with Washington. (Fang Zhe/Xinhua via AP)
July 18, 2019 - 1:25 am
BEIJING (AP) — Trading starts Monday on a Chinese stock market for high-tech companies that play a key role in official development plans that are straining relations with Washington. Regulators have approved 25 companies in information technology and other fields seen by communist leaders as a...
Read More
Facebook CEO Mark Zuckerberg's face is visible on a mock "Zuck Buck" depicted on a screen behind David Marcus, CEO of Facebook's Calibra digital wallet service, as he is questioned by Rep. Brad Sherman, D-Calif., during a House Financial Services Committee hearing on Facebook's proposed cryptocurrency on Capitol Hill in Washington, Wednesday, July 17, 2019. (AP Photo/Andrew Harnik)
July 17, 2019 - 5:05 pm
WASHINGTON (AP) — Facebook endured a second day of criticism from Congress over its plan to create a digital currency as senior House Democrats asked Facebook to scale back the project and threatened legislation that would block big tech companies from getting into banking. Facebook's massive...
Read More
In this July 10, 2019, photo a Wells Fargo building is shown in downtown Minneapolis. JP Morgan Chase reports financial results on Tuesday, July 16, 2019. Wells Fargo & Co. reports financial results on Tuesday, July 16. (AP Photo/Jim Mone)
July 16, 2019 - 9:01 am
SAN FRANCISCO (AP) — Consumer banking giant Wells Fargo reported better-than-expected earnings for the second quarter on Tuesday, despite remaining under heavy restrictions by regulators for an assortment of scandals in recent years. The San Francisco-based bank reported second-quarter earnings of...
Read More
Former Vice President and Democratic presidential candidate Joe Biden speaks during a presidential candidates forum sponsored by AARP and The Des Moines Register, Monday, July 15, 2019, in Des Moines, Iowa. (AP Photo/Charlie Neibergall)
July 16, 2019 - 2:23 am
DES MOINES, Iowa (AP) — Joe Biden is taking an aggressive approach to defending the Affordable Care Act, challenging not just President Donald Trump but also some of his rivals for the Democratic presidential nomination who want to replace the current insurance system with a fully government-run...
Read More
Treasury Secretary Steve Mnuchin speaks during a news briefing at the White House, in Washington, Monday, July 15, 2019. (AP Photo/Carolyn Kaster)
July 15, 2019 - 6:23 pm
WASHINGTON (AP) — The Trump administration came out strongly Monday against Facebook's ambitious plan to create a new digital currency, as the Treasury chief warned it could be used for illicit activity such as money laundering, human trafficking and financing terrorism. Treasury Secretary Steven...
Read More
Former Vice President and Democratic presidential candidate Joe Biden, speaks at a campaign stop, Saturday, July 13, 2019, in Londonderry, N.H. (AP Photo/Robert F. Bukaty)
July 14, 2019 - 9:51 pm
Joe Biden is taking an aggressive approach to defending Obamacare, challenging not just President Donald Trump but also some of his rivals for the Democratic presidential nomination who want to replace the current insurance system with a fully government-run model. The former vice president will...
Read More
President Donald Trump speaks about kidney health at the Ronald Reagan Building and International Trade Center, accompanied by Health and Human Services Secretary Alex Azar, left, Wednesday, July 10, 2019, in Washington. (AP Photo/Alex Brandon)
July 11, 2019 - 6:08 pm
WASHINGTON (AP) — After two setbacks this week, President Donald Trump is now focusing his drive to curb drug costs on congressional efforts aimed at helping people on Medicare and younger generations covered by workplace plans. The White House on Thursday yanked its own regulation to ease the...
Read More

Pages