Crisis panel head eyes full Dodd-Frank rollout

WASHINGTON — Strong federal oversight is necessary to curb excess risk and insure stability in the securities industry, the head of the Federal Crisis Inquiry Commission told Congress on Tuesday. “In the wake of this crisis, it is critical that the Dodd-Frank law be...

Treasury retires the paper check

Currently 11 million people get federal benefits in the mail. Starting this month, however, new applicants for Social Security, Veterans Affairs or other government benefits only have the electronic payment method. In an effort to cut costs, the U.S. Treasury predicts...

Government IT lags behind private tech firms

WASHINGTON-It’s been more than a year since America’s first chief information officer, Vivek Kundra, announced a nationwide effort to improve government information technology and consolidate federal databases. His 25-point implementation plan aims to close 800 data...

Interview with Terrence Duffy of CME Group

The executive chairman of CME Group, one of the largest over-the-counter derivatives and futures exchanges in Chicago and New York City, shares his talking points about the impending policy changes stipulated in Title VII of the Dodd-Frank Wall Street Reform and...