The largest US banks would withstand a severe recession and still be able to lend to American households and businesses, the Federal Reserve announced Thursday. The results of the first part of the...
"There is little doubt that the US financial system is stronger today than it was a decade ago," Jerome Powell said in testimony to be delivered before the Senate Banking Committee, but "we must also...
The Trump administration has said it wants to ease oversight of smaller banks and curb the Consumer Financial Protection Bureau's powers. The report from the Treasury Department outlined...
The White House on Monday issued a roadmap for loosening US banking regulations, including a recommendation to ease "stress tests" for large banks, according to a report published by the Treasury....
Democrats are slamming a Republican bid to dismantle financial rules put in place after the 2008 crisis as the "wrong choice" for the country. House Republicans approved a sweeping measure on...
The US Senate confirmed attorney Jay Clayton as the new head of the Securities and Exchange Commission tasked with regulating Wall Street and America's financial sector. Some Democrats joined...
President Donald Trump has promised sweeping reforms to "horrendous" US banking regulations that were introduced after the financial crisis. "We're going to do a very major haircut on Dodd-Frank," he...
President Donald Trump's pick to serve as the chief US financial markets regulator defended himself Thursday against charges his career as a Wall Street lawyer could hinder his ability to oversee the...
The European Parliament on Thursday overwhelmingly approved a law requiring firms to ensure they do not use so-called conflict minerals from Africa and other areas that end up funding warlords. The...
At age 70 years. Mr Donald Trump, 45th President of the United States of America, is an epitome of a successful human being in our present-day world. Having lived through the immediate post –...
U. S. Federal Reserve Vice Chair Stanley Fischer said there was significant uncertainty about U.S. fiscal policy under the Trump administration, but the Fed would be strict in meeting targets of...
Methane emissions, guns, river pollution, Wall Street: hand in hand with President Donald Trump, the Republican majority in Congress has begun to repeal Obama-era regulations opposed by big business....
U. S. President Donald Trump will today direct the Labor Department to delay implementation and review a rule designed to prevent conflicts of interest when advisers give retirement advice, a senior...
The African Centre for Energy Policy (ACEP) has expressed worry about moves to repeal the rules on the Dodd Frank Act by the US government. The existing Act requires US companies abroad to disclose...
U. S. officials are striving to put finishing touches on a slew of banking rules before President Barack Obama leaves office and hands regulatory power to Donald Trump who has vowed to rewrite the...
