by Sonali Basak | Jul 29, 2013 | Business & Tech
Washington (MarketWatch) — Senators will be questioning top officials of the Securities and Exchange Commission and Commodity Futures Trading Commission on Tuesday about whether implementation of the Dodd-Frank Wall Street reform law is moving too slowly as it moves...
by Sonali Basak | Jul 23, 2013 | Business & Tech, Topics
WASHINGTON (MarketWatch) — Allowing financial holding companies to have increasing control over physical commodities such as aluminum and oil could give them too much power over producers and manufacturers, several experts told a Senate subcommittee Tuesday....
by Sonali Basak | Jul 22, 2013 | Business & Tech
WASHINGTON — Federal Reserve Chairman Ben Bernanke gave what may be his final testimony to senators Thursday, leaving behind more questions than conclusions about the Fed’s direction in monetary policy. Senators questioned, rather than criticized, Bernanke’s...
by Sonali Basak | Jul 18, 2013 | Business & Tech, Politics, Topics
Sen. Elizabeth Warren, D-Mass., celebrates the second anniversary Consumer Financial Protection Bureau with members of the Democracy Journal, the paper in which she first published the idea for the watchdog agency. While the Senate approved the nomination of the...
by Sonali Basak | Jul 11, 2013 | Politics
Senators and financial regulators met Thursday in an oversight hearing to “strike the right balance in the rule writing process” for financial institutions, according to Sen. Tim Johnson, chairman of the Senate Banking, Housing and Urban Affairs Committee. Recent...