Sen. Elizabeth Warren, D. Mass., said middle-class savers have fewer incentives when it comes to retirement. CNBC's Hampton Pearson and Robert Frank weigh in.» Read More
WASHINGTON, April 17- The U.S. Federal Reserve's Board of Governors took the unusual step of considering an enforcement issue on Thursday, less than two months after Chair Janet Yellen pledged that top officials would have more direct involvement in such decisions.
WASHINGTON, April 16- Two U.S. senators on Wednesday pushed the Federal Reserve to write tough new rules to limit Wall Street's role in commodity markets, stepping up pressure for a clampdown on some of the country's largest banks.
CONCORD, N.H.— Hoping to return to Washington by way of New Hampshire, former Massachusetts Sen. Obamacare forces us to make a choice, live free or log on— and here in New Hampshire, we choose freedom, "Brown planned to tell supporters Thursday night.
NEW YORK, March 25- A landmark study by Federal Reserve economists found that large U.S. banks enjoy a "too-big-to-fail" advantage in financial markets, confirming the suspicions of many Wall Street critics more than five years after the financial crisis.
*Few pointed questions from lawmakers apart from Citi query. WASHINGTON, March 13- Stanley Fischer, President Barack Obama's nominee to be No. 2 at the U.S.
*Fischer, Brainard, Powell expected to win Senate approval. WASHINGTON, March 13- Stanley Fischer, President Barack Obama's nominee to be No. 2 at the U.S.
WASHINGTON, March 13- Fed vice chair nominee Stanley Fischer on Thursday defended his ties to Citigroup Inc, saying that he would have been ill-prepared for his last central banking job without his experience at the mega-bank.
Senator Elizabeth Warren of Massachusetts and Representative Elijah Cummings of Maryland said in the letter to Fed Chair Janet Yellen that the board only voted on 11 of about 1,000 enforcement actions taken during the last 10 years.
WASHINGTON, Jan 8- Two U.S. lawmakers on Wednesday unveiled a new bill that would force enforcement agencies to provide more details about deals to resolve corporate misconduct by U.S. companies.
WASHINGTON, Dec 4- A U.S. lawmaker critical of Wall Street is pushing the nation's six largest banks to voluntarily disclose their donations to think tanks, saying that not doing so threatens the credibility and research of these policy groups.
WASHINGTON, Nov 20- New rules to simplify the paperwork consumers receive when they apply for loans will take effect in August 2015 as part of a U.S. effort to make it easier to shop for mortgages. The Consumer Financial Protection Bureau said on Wednesday that the measures are intended to ensure lenders clearly lay out the terms and costs of loans for home buyers.
NEW YORK, Nov 19- U.S. "The market looks fairly valued right now," said Zach Pandl, senior interest rate strategist at Columbia Management in Minneapolis.
WASHINGTON, Nov 14- Janet Yellen's hopes of becoming the first woman to lead the Federal Reserve got a boost on Thursday when she sailed through her Senate confirmation hearing with only mild questioning from some of the Fed's fiercest Republican critics.
WASHINGTON, Nov 12- President Barack Obama on Tuesday named Timothy Massad, a lawyer who oversaw the U.S. government's $700 billion bank bailout program, as the next head of one of Wall Street's most powerful supervisors.
WASHINGTON, Nov 12- President Barack Obama plans to name Timothy Massad, a lawyer who earned his spurs at the country's bank bailout program, as the next head of the U.S. swaps regulator, according to a White House official.
Former Council of Economic Advisers Chairman Austan Goolsbee discusses the prospect of Elizabeth Warren and Hillary Clinton running for president.
Democrats counting on Obama simply to pass the torch to Hillary Clinton may be in for a letdown, if this expert's analysis is correct.
Jon Tester is the latest member of the Senate banking committee to say he'd vote "no" on Larry Summers if President Obama nominated him for Fed chief.
Should Congress end "too big to fail?" Sen. Elizabeth Warren (D-MA) asked "how much longer should Congress wait for regulators to fix this problem?" Former TARP Congressional Oversight Committee Chair Ted Kaufman, and The Gartman Letter's Dennis Gartman, discuss.
Senator Elizabeth Warren is taking aim at the Supreme Court, criticizing the court of being too friendly to corporate America. Former U.S. Sen. Kay Bailey Hutchison (R-TX), and Jared Bernstein, former Economic Policy Adviser to Vice Pres. Biden, debate Sen. Warren's comments.