New York's top financial regulator, Benjamin Lawsky, told CNBC that his agency should have focused on individual accountability earlier.» Read More
Oct 1- The following are the top stories on the New York Times business pages on Monday. *A tax break for wage earners for which the White House campaigned hard last winter now finds little support in Washington, as Congress struggles with deficits.
*Hearings to start Oct. 15, extend into December* Entergy wants plant to run for another 20 years* New York Governor Cuomo opposes license renewal By Scott DiSavino.
*Entergy wants plant to run for another 20 years. Oct 1- A three-judge panel of the U.S. Nuclear Regulatory Commission will start hearings Oct. 15 on challenges to the license renewal application for Entergy Corp's Indian Point nuclear power plant north of New York City.
Gov. Andrew M. Cuomo on Sunday called for “comprehensive reform” of New York’s tax code that would mean higher tax rates for the wealthy and a tax cut for the middle class, according to officials briefed on the plan. The New York Times reports.
One of the most classic American political debates — state versus federal law — is surfacing again in the banking sector, as regulators work to put in place the financial reforms passed a year ago in Washington.