Wells Fargo Board of Directors Chair Elizabeth Duke has resigned days before she was scheduled to testify at a congressional hearing about the bank, according...
At a Wednesday (Feb. 5) hearing before the House Financial Services Committee, representatives from several consumer groups said “rent-a-bank” schemes harm consumers through predatory lending....
A group of senators have introduced a bill that would classify Facebook’s proposed cryptocurrency Libra as a security under the law, according to a report...
There was much skepticism and criticism — with some concerns raised more pointedly than others — during a House Financial Services Committee hearing on Facebook’s...
The House Financial Services Committee has scheduled hearings about the proposed merger between BB&T and SunTrust Banks, as well as the Facebook-planned cryptocurrency Libra. According...
Facebook is facing more opposition regarding its cryptocurrency, with Congresswoman Maxine Waters (D-CA), chairwoman of the House Financial Services Committee, calling for a moratorium on...
Democrats would like to see bank executives get grilled by Congress on an annual basis. After Wall Street leaders spent hours answering lawmakers’ questions at...
The biggest names in banking came to the Hill, repping seven of the largest financial firms in the United States. Ten years after the financial crisis,...
The heads of some of the nation’s biggest banks will stress how much more secure the financial system is thanks to regulations following the Great...