Senator Elizabeth Warren, along with three other Senate Democrats, wants to bring serious scrutiny to the SPAC process, as letters they sent to the most...
Rohit Chopra, President Biden’s nominee to lead the Consumer Finance Protection Bureau (CFPB), looks to be close to approval by the Senate, The Wall Street...
U.S. banking lobby groups want to nix a proposal for bank account reporting that’s part of the congressional reconciliation package. Get the Full Story Complete...
Treasury Secretary Janet Yellen and IRS commissioner Charles Rettig have been pressuring lawmakers to give the IRS more information on taxpayers’ bank accounts. Get the...
New York Gov. Kathy Hochul has tapped Adrienne Harris, a veteran of former President Barack Obama’s White House, to take the reins of the state’s...
Chinese President Xi Jinping is calling for wealth redistribution that includes a framework for “common prosperity,” curbing excessive incomes and working to avert financial risks,...
For a few months in late spring and early summer, the future was looking bright for restaurants. Newly vaccinated consumers were coming back for indoor...
U.S. President Joe Biden’s administration is vetting Cornell banking law professor Saule Omarova to take the leading role at the Office of the Comptroller of the...
The estimated $1 trillion bipartisan infrastructure bill could be partially funded by taxes levied on cryptocurrency and digital-asset transactions. Get the Full Story Complete the...