The White House dismissed the legal defeat as "interesting to legal theorists," but House Speaker John Boehner said it's further proof that Obamacare "is completely unworkable."» Read More
HSBC ignored warnings that its activities may have possibly exposed the US financial system to drug money from Mexico and inadvertently provided banking services to lenders suspected of links to terrorist organizations, Senate investigators have claimed in a new report, the Financial Times reports.
As regulators ramp up their global investigation into the manipulation of interest rates, the Justice Department has identified potential criminal wrongdoing by big banks and individuals at the center of the scandal. The New York Times reports.
Peregrine Financial is another financial collapse that is drawing outrage from lawmakers and investors, with CNBC's Scott Cohn.
Hours after the U.S. House of Representatives voted to hold Attorney General Eric Holder in contempt of Congress, Rudy Giuliani said that there was the “impression” of a cover-up.
CNBC's Eamon Javers reports on the CFTC's $200 million fine for Barclays, for alleged manipulation attempts of Libor.
CNBC's Eamon Javers has a story that might just make your blood boil: a major bank admitting it tried to manipulate interest rates at the height of the financial crisis. Bart Chilton, CFTC Commissioner and Ross Intelisano, Rich, Intelisano & Katz, LLP, weigh in.
By invoking executive privilege over questions about the Justice Department’s “Fast and Furious” operation, the Obama administration is making a mistake of historic proportions, former House Speaker Newt Gingrich said Wednesday.
Solyndra was the first renewable energy company to receive a federal loan from the 2009 Stimulus Act, and has left taxpayers on the hook, reports CNBC's Brian Shactman.
Representative Darrell Issa (R-CA) discusses new "Fast and Furious" wiretap information obtained by the Congress.
Why didn't the Department of Justice or FBI intercept the problems at MF Global and JPMorgan before the companies inflicted huge losses on investors? CNBC's Rick Santell and James Koutoulas, Commodity Customer Coalition co-founder, weigh in.
U.S. authorities are ratcheting up their investigation of residential mortgage-backed securities — the bundles of mortgages that were at the heart of the 2008 financial crisis. And they are appealing to the public for help.
Former White House Chief of Staff Bill Daley shares his take on JPMorgan's trading loss and the DOJ's announcement it intends to investigate the company. "I think Jamie [Dimon] has done a great job, and I don't think we should trivialize the complexity and the seriousness of the banking business," he says.
The Department of Justice and Abbott Labs reached a $1 billion settlement over a seizure drug, reports CNBC's Scott Cohn.
Attorney General Eric Holder announces a lawsuit against Apple. CNBC's Jon Fortt discusses details of the lawsuit.
From an artificial leg for a person who doesn’t need it to doling out cash to the homeless, fraudsters are finding ways to bilk the U.S. health care system to the tune of an estimated $80 billion a year.
The U.S. Supreme Court’s debate over the constitutionally of the Affordable Care Act and the future of health care in America has dominated the national conversation for weeks. What’s not been as widely discussed is a little known provision in “Obamacare”, which, if overturned completely, could end up costing the taxpayers billions of dollars.
Of all government programs, Medicare is particularly vulnerable to fraud. Find out how to avoid becoming a victim.
Richard West, a 63-year-old Vietnam veteran, blew the whistle on the largest home health care fraud in history. Now he's in danger of losing his Medicaid benefits.
There is the modern war against health care fraud—fraud that saps at least $80 billion a year from government health programs including Medicare and Medicaid.
There is the modern war against health care fraud—fraud that saps an estimated $80 billion a year from government health programs including Medicare and Medicaid.