Legislation Regulations

  • Rep. Ryan Paul from Wisconsin

    Republicans will present a plan to Congress next month to deal with the deficit by cutting entitlements, Rep. Paul Ryan, (R-Wisc.), chairman of the House Budget Committee, told CNBC Wednesday.

  • police_officer_arrest_200.jpg

    Hamstrung by shrinking budgets, the police say the volunteers are indispensable in dealing with low-level offenses and allow sworn officers to focus on more pressing crimes and more violent criminals. The New York Times reports.

  • Rajat Gupta

    The Securities and Exchange Commission's charges against ex-Goldman Sachs board member Rajat Gupta on insider trading is yet another blow to investor confidence, Matthew Halbower, CEO and chief investment officer of hedge fund Pentwater Capital Management, told CNBC Tuesday.

  • Mortgage

    At least two federal regulators confirm they have reached an agreement on the terms of a Qualified Residential Mortgage, according to government sources.

  • Shares of Yoku, the Chinese Internet video company, may have been saved from a severe drop today by a new SEC rule on short selling.

  • No Title_38346682

    In the last few weeks, a number of big banks have successfully bundled and sold new securities backed by commercial real estate loans. The NYT Reports.

  • Cash and gold

    Italian banks, which are shareholders in the country’s central bank, want to have their stakes in the Bank of Italy marked-to-market on the back of surging gold prices.

  • gavel.jpg

    The Senate on Monday will begin debating a bill that critics say will undermine American strength abroad, plunder the United States economy and exceed the government’s constitutional authority. The subject: patent reform. The New York Times reports.

  • Wall_St_protests_generic_200.jpg

    JPMorgan Chase has raised its voice in the chorus of banks objecting to how the Fed is interpreting the Durbin amendment. Durbin is an amendment to the Dodd-Frank Act that would cut fees merchants pay on debit cards.

  • After appearing on "The Strategy Session" on Wednesday, Lewis Ranieri, the "father" of the trillion dollar mortgage market and founder of the Hyperion private equity fund, continued the discussion off-air with David Faber, about the long road ahead for Freddie Mac and Fannie Mae.

  • Lewis Ranieri

    The residential mortgage-backed security market will reemerge beyond Fannie Mae and Freddie Mac, Lewis Ranieri, the "father" of the trillion-dollar mortgage market, told CNBC on Wednesday.

  • The U.S. Securities and Exchange Commission seal hangs on the facade of its building in Washington, DC.

    Hedge fund managers are hiring security firms to sweep their offices and homes for listening devices, security experts say, in reaction to the US government’s insider trading investigations. The FT reports.

  • Allen Stanford

    Accused Ponzi schemer Allen Stanford has joined convicted Ponzi schemer Bernard Madoff at the federal prison complex in Butner, North Carolina.

  • The U.S. Securities and Exchange Commission seal hangs on the facade of its building in Washington, DC.

    The SEC has chosen a former Altria and AOL executive to head its new Whistleblower Office, the commission said Friday.  Sean McKessy will wield the new power given to the SEC under the Dodd-Frank law passed last year.

  • janitor_200.jpg

    By most measures, including key ones such as sales and jobs growth, the great growth engine of the American economy in the past four decades is still in a recovery mode—not an expansionary one., as is the manufacturing sector.

  • bag_of_money.jpg

    Now for a bit of good news: Rationality may be breaking out in the hedge fund world.

  • The U.S. Securities and Exchange Commission seal hangs on the facade of its building in Washington, DC.

    abstract goes here

  • Foreclosure Sign

    Federal regulators may be close to issuing enforcement action against mortgage servicers involved in faulty foreclosure paperwork.

  • Andrew Cuomo (D)

    When Andrew M. Cuomo was sworn in as New York’s chief executive six weeks ago, he took control of a multibillion-dollar budget, tens of thousands of state workers and hundreds of agencies. But Mr. Cuomo appears to want to hang on to his old job, too, reports the New York Times.

  • NYSE trader

    There’s an air of paranoia on Wall Street about today’s NYSE spacer deal with the Germans. But history suggests it’s unjustified.  Inevitably, the new business unveiled today will also be shaped over time by changing needs.