×

Politics Maxine Waters

  • WASHINGTON— Prospects are good for a public shaming in the Equifax data breach, but it's unlikely Congress will institute sweeping new regulations after hackers accessed the personal information of an estimated 143 million Americans. Several bills unveiled after Equifax are so far missing a key ingredient for success: Republican co-sponsors.

  • NEW YORK— Credit agency Equifax traced the theft of sensitive information about 143 million Americans to a software flaw that could have been fixed well before the burglary occurred, further undermining its credibility as the guardian of personal data that can easily be used for identity theft. Equifax identified a weakness in an open-source software...

  • Sept 7- Equifax Inc, a provider of consumer credit scores, said on Thursday that personal details of as many as 143 million U.S. consumers were accessed by hackers between mid-May and July, in what could be one of the largest data breaches in the United States. Atlanta- based Equifax said in a statement that it discovered the breach on July 29. It said criminals...

  • Sept 7- Equifax Inc, a provider of consumer credit scores, said on Thursday that personal details of as many as 143 million U.S. consumers were accessed by hackers between mid-May and July, in what could be one of the largest data breaches in the United States. Atlanta- based Equifax said in a statement that it discovered the breach on July 29. It said criminals...

  • WASHINGTON, Aug 4- Republicans in the U.S. House of Representatives are pushing to hold Consumer Financial Protection Bureau Director Richard Cordray in contempt of Congress for refusing to respond sufficiently to congressional subpoenas. A report released on Friday by Republican staff of the House Financial Services Committee argued there was "ample...

  • Democrats on the Senate Banking Committee asked its Republican leaders in a letter to summon Wells Fargo Chairman Stephen Sanger and Chief Executive Tim Sloan. That letter accompanied one sent by Representative Maxine Waters, the top Democrat on the House Financial Services Committee, who wants to know how Wells Fargo wrongly charged roughly 570,000...

  • Democrats on the Senate Banking Committee plan to ask Republicans in leadership to summon Wells Fargo Chairman Stephen Sanger and Chief Executive Tim Sloan to answer how sales abuses went unchecked at the bank for so long, according to a draft letter viewed by Reuters. That letter would follow one sent on Tuesday by Representative Maxine Waters, the top...

  • WASHINGTON, July 20- Republicans in the U.S. Congress are moving quickly to try to eliminate a new regulation that bars financial firms from forcing consumers into arbitration to settle disputes that otherwise may turn into class-action lawsuits. Top lawmakers in both the House and Senate introduced bills on Thursday to repeal the rule, finalized this week by...

  • FRANKFURT/ WASHINGTON, July 14- Some Democratic members of the U.S. Congress have renewed efforts to find possible links between banks such as Germany's Deutsche Bank, U.S. President Donald Trump and Russia. Investigations are being conducted in the United States into possible collusion between Trump's campaign team and Russia during the presidential...

  • FRANKFURT, July 14- A small group of Democrat members of the U.S. Congress have renewed their efforts to find possible links between banks such as Germany's Deutsche Bank, U.S. President Donald Trump and Russia. Investigations are being conducted in the United States into possible collusion between Trump's campaign team and Russia when he was running for...

  • FRANKFURT, June 29- Deutsche Bank's external counsel in Washington, D.C. rejected on Thursday demands by U.S. House Democrats to provide details of President Donald Trump's finances, citing privacy laws. Deutsche Bank has loaned the Trump organization millions of dollars for real-estate ventures, and five Democrats on the House of Representatives Financial...

  • *Probe linked to president's possible Russia ties. FRANKFURT, June 22- U.S. House Democrats rejected an assertion by Deutsche Bank that privacy laws prevent it from sharing information about President Donald Trump's finances, as they investigate possible collusion between his campaign team and Russia. Investigations are underway in Washington into claims...

  • *Probe linked to president's possible Russia ties. FRANKFURT, June 22- U.S. House Democrats rejected an assertion by Deutsche Bank that privacy laws prevent it from sharing information about President Donald Trump's finances, as they investigate possible collusion between his campaign team and Russia. Investigations are underway in Washington into claims...

  • NEW YORK/ WASHINGTON, June 8- Deutsche Bank AG on Thursday said U.S. law prohibits it from responding to questions from U.S. lawmakers about President Donald Trump and his possible ties to Russia without a legally proper request because of regulations protecting customer information. "We hope that you will understand Deutsche Bank's need to respect the...

  • Then-Sen. Chris Dodd (L) and then-Rep. Barney Frank at the signing of the Dodd-Frank act in 2010.

    Republicans will vote on legislation to gut Dodd-Frank and replace it with their own version. Here's a look at the background of the legislation and the GOP plan.

  • FRANKFURT, June 5- Germany's largest bank has asked for more time to respond to a request from Democrats on a U.S. House of Representatives panel for details about U.S. President Donald Trump's possible ties to Russia, a person familiar with the matter said on Monday. The Republican president is mired in controversy over FBI and congressional probes into alleged...

  • Deutsche Bank CEO John Cryan

    Congressional Democrats investigating alleged ties between President Donald Trump's political campaign and Russia are seeking information from Deutsche Bank.

  • WASHINGTON, May 2- Democrats in the U.S. House of Representatives opposed to Republican legislation that would repeal major sections of the Dodd-Frank financial reform law on Tuesday made multiple efforts to delay the bill. The House Financial Services Committee was due to consider Representative Jeb Hensarling's sweeping bill to rework the 2010 law.

  • WASHINGTON, May 2- Democrats in the U.S. House of Representatives opposed to Republican legislation that would repeal major sections of the Dodd-Frank financial reform law on Tuesday made multiple efforts to delay the bill. The House Financial Services Committee was due to consider Representative Jeb Hensarling's sweeping bill to rework the 2010 law.

  • WASHINGTON, May 2- Democrats in the U.S. House of Representatives opposed to Republican legislation that would repeal major sections of the Dodd-Frank financial reform law on Tuesday made multiple efforts to delay the bill. The House Financial Services Committee was due to consider Representative Jeb Hensarling's sweeping bill to rework the 2010 law.