WASHINGTON, Nov 15- The leaders of the U.S. Senate Banking Committee appear unlikely to meet their goal of producing a bill by year-end that would wind down major mortgage finance companies Fannie Mae and Freddie Mac, given the shrinking timeline and the tricky politics.
GENEVA, Nov 7- Iran and six world powers appeared to be edging towards a deal on its disputed nuclear activity on Thursday, citing progress in negotiations building on a diplomatic opening from Tehran, although it cautioned that the discussions were "tough".
WASHINGTON, Oct 30- Top Obama administration officials have been pushing U.S. lawmakers hard to hold off on new sanctions over Iran's nuclear program, but some key lawmakers said on Wednesday they had not yet been convinced to support a delay.
WASHINGTON, Sept 13- Twitter's use of a confidential initial public offering filing has reignited a debate about a 2012 U.S. law that critics say denies investors time to digest a company's financial information and erodes the widely-held value of market transparency.
WASHINGTON, July 31- A U.S. Senate panel on Wednesday approved a bipartisan bill aimed at bolstering the finances of the Federal Housing Administration, which may need to turn to taxpayers for a bailout later this year.
WASHINGTON, July 18- The Senate Banking Committee on Thursday backed Representative Mel Watt to be the next regulator of government-controlled mortgage financiers Fannie Mae and Freddie Mac, sending the nomination to the full Senate where it faces an uncertain fate.
WASHINGTON, July 15- The leaders of the U.S. Senate Banking Committee on Monday released a draft bill aimed at bolstering the finances of the Federal Housing Administration, which has faced mounting losses from mortgage defaults.
*Watt would oversee Fannie Mae, Freddie Mac. Representative Mel Watt, President Barack Obama's nominee to oversee Fannie Mae and Freddie Mac, on Thursday welcomed legislative efforts to abolish the two mortgage companies and said he would consider letting them reduce loan principal for underwater borrowers.
*Under new policy SEC will seek admissions in some cases. *Senator Warren said SEC is heading in right direction. While that practice will continue, White said the SEC will try to extract admissions in select cases in which there is widespread investor harm, egregious intentional misconduct, or attempts to thwart an SEC investigation. 1/ 8 ID: nL2N0EU24E 3/ 8.
SIOUX FALLS, S.D.-- South Dakota's largest city is welcoming political figures, family and friends in town to mark the life and career of former Democratic U.S. senator and three-time presidential candidate George McGovern, a legend in state's political history who died Sunday at age 90..