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OCC’s fintech charter plan encourages financial innovation but incites debate

OCC’s fintech charter plan encourages financial innovation but incites debate

by Hannah Levitt | Jun 28, 2017 | Business & Tech

WASHINGTON – Banking experts disagree over how best to regulate financial technology to minimize risk while fostering fair competition for banks and fintech businesses. Kathleen Oldenborg, director of payments systems risk policy at the Office of the Comptroller...
Paying bills in future could be as easy as texting

Paying bills in future could be as easy as texting

by Eric Englert | Jun 27, 2017 | Business & Tech, Featured

WASHINGTON– Imagine a world where payments move like text messages. A number of bankers and fintech entrepreneurs have that vision for the future of payment systems worldwide. While the U.S. payment system could operate more instantaneously, it is still...
Company demand, rising confidence helping IPO market, Nasdaq chief says

Company demand, rising confidence helping IPO market, Nasdaq chief says

by Jingnan Huo | May 9, 2017 | Business & Tech, Featured

WASHINGTON – This year is shaping up to be a good one for initial public offerings, as many companies want to go public and confidence levels are higher than last year, Nasdaq’s CEO Adena Friedman said on Friday. Fifty-five companies moved forward on IPOs in the...
World Bank will focus on climate change regardless of Trump administration stance, Kim says

World Bank will focus on climate change regardless of Trump administration stance, Kim says

by Jingnan Huo | Apr 26, 2017 | Business & Tech

WASHINGTON — Uncertainty about the Trump administration’s stance on climate change won’t change the World Bank’s focus on the issue, the institution’s chief said on Thursday. World Bank President Jim Yong Kim on Thursday, referring to the threat that the Trump...
Lagarde says education is key to boosting productivity

Lagarde says education is key to boosting productivity

by Jingnan Huo | Apr 4, 2017 | Business & Tech, Featured

WASHINGTON — Christine Lagarde, the managing director of the International Monetary Fund, said Monday that “more and better education” is crucial to combat sagging productivity in period of technological change. Lagarde said that in “both in advanced and emerging...
Cuban government-owned business crafts books by hand

Cuban government-owned business crafts books by hand

by David Jordan | Mar 29, 2017 | Business & Tech, Featured

In Matanzas, Cuba workers handcraft books at the government owned publishing house Ediciones Vigías. They primarily use recycled materials and publish in both Spanish and English. Hugo Santana is an engineer by day and a poet by night, and has been published by...
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About Medill Washington

The stories here were reported, written and produced by Northwestern University graduate journalism students in the Washington program of the Medill School of Journalism, Media, Integrated Marketing Communications . Most also were published or broadcast by media organizations served by the school's unique news distribution plan. We specialize in enterprise reporting, multimedia and online journalism, as well as on accountability, working to uncover misbehavior by people in power.
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