Meat Packing Plant Owners Defend Operations During Pandemic July 27, 2020 By Michael Hirtzer and Isis Almeida As part of an investigation into the spread of coronavirus at U.S. meat plants, Democratic Senators Elizabeth Warren and Cory...
Fed Chair Says Wells Fargo Must Address Risk Management Before Any Growth December 11, 2018 By Patrick Rucker and Imani Moise Wells Fargo & Co. must keep a lid on its growth until the bank has hardened its risk management policies...
Trump ‘Probably’ Will Back Lifting Federal Ban on Marijuana June 13, 2018 By Michael R. Blood President Donald Trump said last Friday that he was inclined to support a bipartisan effort in Congress to ease the...
Court Upholds Consumer Financial Bureau Structure Over Trump, Business Complaints January 31, 2018 By Andrew Harris, Bloomberg The Consumer Financial Protection Bureau director’s job regained a measure of security Wednesday when a U.S. appeals court said the...
Some Banks Already Follow Consumer Bureau’s Softer Arbitration Policy September 14, 2017 By Lisa Lambert Senator Elizabeth Warren, who opposes efforts to dismantle a new rule allowing customers to sue financial companies in class actions,...
Court Limits Director’s Power But Lets U.S. Consumer Protection Bureau Survive October 12, 2016 By Andrew Harris, Bloomberg and Elizabeth Dexheimer The Consumer Financial Protection Bureau survived a constitutional challenge and will remain in business, though a federal appeals court took...
Senators Hit Firms for ‘Dire Consequences’ Claim on Retirement Advisor Rule February 12, 2016 By Lisa Lambert Two influential U.S. lawmakers on Thursday criticized the financial industry for saying in public that a new rule on retirement...
Sen. Warren Criticizes Legal ‘Kickbacks’ to Annuity Sales Agents October 28, 2015 U.S. Senator Elizabeth Warren said 13 major U.S. life insurers had admitted to using incentives such as expensive vacations and...
Obama Denies Sen. Warren’s Claim Trade Pact Could Undo Dodd-Frank May 11, 2015 President Barack Obama dismissed a liberal senator’s warning that “fast-track” trade authorization being considered by Congress could weaken U.S. financial...