Trump Fires Biden’s Consumer Protection Watchdog Rohit Chopra February 3, 2025 By Paige Smith and Katanga Johnson Rohit Chopra, the director of the Consumer Financial Protection Bureau under President Joe Biden, was fired by the Trump administration,...
Yellen Warns Financial System Still Faces Commercial Real Estate, Crypto Risks December 10, 2024 By Katanga Johnson The US financial system continued to face vulnerabilities from commercial real estate risk and digital assets in 2024, Treasury Secretary...
Secret Ratings Show US Regulator’s Concern on Banks’ Handling of Risks July 25, 2024 By Hannah Levitt and Katanga Johnson A key US regulator has privately found half of the major banks it oversees have an inadequate grasp of a...
SVB’s Lack of Risk Officer Emerges as Focus in Fed Probe March 15, 2023 By Katanga Johnson, Joel Rosenblatt and Chris Dolmetsch Silicon Valley Bank’s lack of a chief risk officer for much of last year is being examined by the Federal...
U.S.-Listed Companies Will Have to Disclose How CEO Pay Stacks Against Firm Performance August 26, 2022 By Katanga Johnson Wall Street’s main regulator on Thursday voted to adopt a measure requiring that U.S.-listed companies disclose how the pay of...
Corporate America Looks for Leeway on U.S. Climate Disclosures June 22, 2022 By Katanga Johnson and Ross Kerber Business associations for top U.S.-listed companies have pushed back against a landmark proposal by the Securities and Exchange Commission (SEC)...
Financial Firms to SEC Over Proposal to Regulate SPACs: ‘Don’t Kill the Industry’ June 15, 2022 By Katanga Johnson U.S. financial industry groups are pushing to water down a draft Securities and Exchange Commission (SEC) rule aimed at reining-in...
Charles Schwab Subsidiaries to Pay $187 Million to Settle SEC Charges June 13, 2022 By Katanga Johnson The U.S. Securities and Exchange Commission (SEC) on Monday said it charged three Charles Schwab Corp investment adviser subsidiaries with...
SEC to Unveil Rule to Crackdown on Funds ESG ‘Greenwashing’ May 25, 2022 By Katanga Johnson and Ross Kerber The U.S. Securities and Exchange Commission (SEC) on Wednesday will propose rule changes aimed at stamping out unfounded claims by...
U.S. SEC Gives Public Until June 17 to Weigh In on Climate Risk Proposal May 10, 2022 By Katanga Johnson The U.S. Securities and Exchange Commission (SEC) on Monday extended until June 17 the period for public comment on its...