6 hrs ago
House Committee approves bill to slow DOL, SEC fiduciary rulemaking
The House Financial Services Committee gave bipartisan approval today to legislation that would place new requirements on the Labor Department and the Securities and Exchange Commission efforts to craft new rules to strengthen investment advice standards.
14 hrs ago
National Mortgage News
Waters Asks for Investigation into B of A Foreclosure Tactics
Investors Continue to Drive Home Price Increase Pro Teck CEO Tom O'Grady discusses the April 2013 Home Value Forecast, featuring the Los Angeles, Atlanta and Warren, Mich.
Tue Jun 18, 2013
The Washington Post
BofA Should Face Foreclosure Probe by TARP Watchdog, Waters Says
Bank of America Corp., the second- biggest U.S. lender, should be investigated for its treatment of distressed homeowners, said Representative Maxine Waters, the top Democrat on the House Financial Services Committee.
U.S. lawmakers unhappy with UN response to Haiti cholera epidemic
This world body continues to deny any liability for illness and deaths caused by the 2011 spread of cholera experts say UN peacekeepers brought to Haiti and has yet to respond to a letter from 19 members of the U.S. Congress demanding an acknowledgement of its responsibility.
Mon Jun 17, 2013
Insurance News Net
After Narab II, Broker Groups Prep For Fiduciary Standards Battle
Fresh off the producer-licensing win in Washington this month, insurance broker groups are gearing for their next big legislative battle around fiduciary standards and the responsibilities of financial advisors toward their clients.
Sun Jun 16, 2013
ABA Banking Journal
D.C. OUTLOOK: The Road Ahead
In recent years, there have been folks in Washington who made bankers' blood boil.
Fri Jun 14, 2013
Magic City Morning Star
Obama's Unbeatable Combination
As America gets assaulted with one scandal after another surrounding the Obama administration, there is speculation more is to come....And that speculation adds fuel to a bonfire of suspicion that this administration would stop at nothing to win its' re-election.
California Dems ask Justice to investigate JPMorgan energy trades
Fourteen California Democrats are urging Attorney General Eric Holder to investigate JPMorgan for potentially manipulating the energy market to boost electricity prices by millions of dollars.
The Brattleboro Reformer
Been there, done that
After the financial crisis of 2008 Congress passed legislation, known as the Dodd-Frank financial reform law of 2010, to bring more regulatory oversight to the complex and risky derivatives market, which many say contributed to the global economic meltdown.
Thu Jun 13, 2013
Hillary Clinton Denounces Sequestration Over Cuts To Scientific Research
Hillary Clinton, former U.S. secretary of state, speaks during the Clinton Global Initiative CGI America meeting in Chicago, Illinois, U.S., on Thursday, June 13, 2013.
House Passes Bill That Could Lead to Another Financial Crash-But Reformers Claim Victory
On Wednesday evening, the House passed a bipartisan bill that would allow US banks to avoid new financial regulations by operating overseas.
Wed Jun 12, 2013
U.K. Urged by EU to Probe Currency Manipulation in Libor's Wake
Britain should investigate the manipulation of currency rates, European Union officials said after Bloomberg News revealed that traders have been rigging foreign-exchange benchmarks for more than a decade.
House passes bill that would exempt foreign trades
The U.S. House passed legislation Wednesday that would exempt the trading of derivatives from federal oversight if it occurs outside the United States.
Representatives sound alarm on non-government housing
While representatives of the Committee on Financial Services agreed during a hearing on Wednesday that the government should not back nearly 100% of the mortgage market, most are weary that a world without explicit government guarantees is dodgy.
Why the TSA gave up on knives on planes
United Airlines flight attendants Scott Freeman speaks during a news conference and protest in front of Tom Bradley International terminal in opposition to the FAA's recent decision to start allowing small pocket knives back on board jetliners on April 1, 2013 in Los Angeles, California.
Customer Interaction Solutions
Thousands of Job Seekers Flock to Clay's 8th Annual Career Fair, Over ...
Even before he opened the doors to his 8th annual Career Fair, Congressman Wm. Lacy Clay Missouri, and his special guest, Congresswoman Maxine Waters California, greeted a line of eager job seekers that stretched for several blocks outside of the Emerson Performance Center at historic Harris-Stowe State University in midtown St. Louis.
Which Database: OFA or NSA?
In the wake of the explosive NSA data-mining revelations, Breitbart TV reminded us of an interesting Rep. Maxine Waters bombshell from February.
Mon Jun 10, 2013
Palazzo flood insurance measure heads to Senate
U.S. Rep. Steven Palazzo is hopeful his amendment to prevent flood insurance hikes from being implemented during the 2014 fiscal year will be adopted in the Senate after passing the House of Representatives last week.
Rep. Waters: Obama CampaignDatabase Has Informationon Every Individual'
Earlier this year, in an interview with TV One, Rep. Maxine Waters praised President Barack Obama for putting together a campaign database that "will have information about everything on every individual."
Rampant discrimination against whites in Atlanta, D.C. labor board uncovered
The city of Atlanta , Georgia appears to have a race problem but not against blacks, but against whites in their hiring practices.