Sen. Elizabeth Warren hijacked a Senate committee hearing on recreational hunting, fishing and shooting Thursday to advance her crusade against big business, calling for new laws to expose the details of legal settlements between the government and corporations accused of wrongdoing.
Banking & Finance
The latest coverage of the banking and financial sectors.
By David Sherfinski - The Washington Times
Sen. Elizabeth Warren of Massachusetts should reconsider her stated vow that she is not running for president in 2016, the Boston Globe editorial board said. Published March 23, 2015
Nearly seven years after it was bailed out from the housing market crash, mortgage giant Fannie Mae is still engaging in behavior that could precipitate future financial crises and taxpayer losses, a government watchdog warns in a report to be released Wednesday.
Roughly 6.5 million people with active Social Security numbers are age 112 and older, according to an audit by the Social Security Administration's inspector general.
Academy Award-winning actress Emma Thompson and her husband, Greg Wise, say they're mulling a protest to withhold their personal tax dollars from the government, until HSBC officials connected to the bank's latest swindling scandal are sent to prison.
Leading Wall Street regulator Ben Lawsky, who heads up the New York Department of Financial Services, warned that the United States should be preparing for a massive cyberattack on banks -- that it's inevitable, and looming.
Sen. Elizabeth Warren, the Massachusetts Democrat who many liberals want to see run for president in 2016, took somewhat of a pass on Tuesday when asked to assess the progressive credentials of former Secretary of State and Democratic frontrunner Hillary Rodham Clinton.
The Justice Department has launched an investigation into at least 10 big banks to see if officials rigged prices of precious metals — though European regulators looking into the same thing had to conclude: There was no wrongdoing.
President Obama proposed regulations Monday that he said would prevent financial advisers from "bilking" middle-class savers by accepting hidden fees to promote weak investment funds.
Sen. Bernie Sanders, Vermont Independent, said that while the economy is better off than it was six years ago, he would have been more aggressive than the president in confronting the big banks after the 2008 financial crisis.
Vermont Sen. Bernard Sanders, who is eyeing a 2016 run as a Democrat for president, staked out an economic agenda Monday that is far to the left of his most liberal colleagues, including advocating a government-run Medicare-for-all health care system.
Ratings firm Standard & Poor's will pay $1.4 billion to settle a series of lawsuits stemming from the ratings it gave to a number of mortgage securities that helped contribute to the financial market crisis in 2008.
Liberal activist groups have more than 200 "house party" events planned across the country this weekend as part of an effort to get Sen. Elizabeth Warren, Massachusetts Democrat, to run for president in 2016.
Interest rates will remain at historic lows for the time being as the Federal Reserve finished a two-day meeting without announcing a shift in policy.
Sen. Rand Paul on Wednesday reintroduced legislation to force a government watchdog audit of the Federal Reserve, and the bill has its best chance yet of finally clearing Congress.
House Democrats are feeling emboldened as they head to their annual issues conference and a pep talk from President Obama in Philadelphia this week, relishing a series of stumbles by the Republican majorities in Congress and rallying around a populist tax-the-rich agenda that they are convinced will score points with voters.
A day after snubbing liberal activists who were pushing for tougher campaign-finance regulations, President Obama took a swipe at the Supreme Court Wednesday for its "wrong" ruling five years ago on the issue.
Vice President Joseph R. Biden defended his boss's State of the Union address Wednesday morning, saying that Republicans are trying to claim credit for a recovery caused by programs the Obama administration has put in place.
President Obama's State of the Union speech Tuesday set a record for most veto threats as he promised to nix legislation to tweak Obamacare, change the Dodd-Frank Wall Street legislation, undo his deportation amnesty, and approve stronger sanctions to punish Iran for its nuclear program.
President Obama has been in office exactly six years, and the wealthiest have never had it so good — and even the 2013 tax increase hasn't been able to dampen their climb.
Escalating his battle with congressional Republicans, President Obama will propose $320 billion in higher taxes in his State of the Union address, mostly by raising the rate on capital gains and closing tax loopholes for wealthier families, senior administration officials said Saturday.
The top Democrat on the House Budget Committee unveiled Monday the party's plan to overhaul the tax code by raising taxes on Wall Street and big business and redistributing wealth to working-class American families, saying it would fix a broken system that favors the rich.
Recent Opinion Columns
The U.S. economy is underperforming, and the Federal Reserve's low interest rate policies won't reinvigorate it.
It was — and always is — enlightening to be outside the D.C. Beltway, where manufacturers grapple not only with increasing and sustaining sales, but with the real-world implications of Washington's latest action or inaction.
From The Vault
More than two dozen conservative groups pressed the Senate Judiciary Committee on Thursday to look into whether the federal prosecutor's office run by attorney general nominee Loretta Lynch violated restitution and crime victim laws in a major stock fraud case.