Financial Industry, Financial Reform | featured news

Americans can expect to see tangible results this fall from the task force President Obama created to investigate the financial crisis, New York State Attorney General Eric Schneiderman told TPM Thursday.

Lawmakers were locked in an impasse over derivatives on Thursday as they struggled to finish their historic rewrite of U.S. financial regulations.

The Senate this week could hand President Obama his second major legislative victory of the year, both on administration priorities that seemed in doubt not long ago.

President Obama pushed on Saturday for passage of a financial overhaul bill being debated on Capitol Hill, saying it would empower ...

The Senate's top Republican signaled Wednesday that a GOP filibuster of Wall Street reform legislation will end.

Senate Republicans, attacked for twice blocking legislation to rein in Wall Street, floated a partial alternative proposal Tuesday and said it could lead to election-year compromise on an issue that commands strong public support....

Top Republicans appeared nearer to a deal with Democrats on a financial regulation bill, with the ranking senator on the banking committee saying that they were “very close” on the key particulars.

President Obama said on Wednesday that the Securities and Exchange Commission never discussed civil fraud charges against Goldman Sachs with the White House before they were publicly announced.

Senate leaders on Tuesday began their sparring over the financial reform bill, setting the tone for what is expected to weeks of debate on lawmakers' next pitched battle.

The U.S. is destined to endure a new economic crisis that sticks taxpayers with the bill unless Congress tightens oversight of ...