Politics Sep 26 Trump, GOP consider surtax on wealthy, doubling standard deduction On the eve of the grand rollout of the plan, details emerged on Capitol Hill on Tuesday while Trump personally appealed to House Republicans and Democrats at the White House to get behind his proposal.
Politics Sep 25 Republicans, White House plan to push deep cuts to corporate tax rate Republicans are divided over the potential elimination of some of the deductions, underscoring the difficulty of overhauling the tax code even with GOP control of the House and Senate.
Politics May 05 GOP House panel takes first step to gut Dodd-Frank law House Republicans took a major step toward their long-promised goal of unwinding the stricter financial rules created after the 2008 crisis, pushing forward sweeping legislation that would undo much of President Barack Obama's landmark banking law.
Politics Jan 11 AP fact check: Tillerson claim at odds with Exxon Mobil lobbying Donald Trump's choice as secretary of state, former Exxon Mobil CEO Rex Tillerson, denied that he had pressed the U.S. to avoid sanctioning Russia over foreign-policy disputes. The record, though, is not so clear.
Politics Jan 04 Trump names Wall Street lawyer Clayton as SEC chairman President-elect Donald Trump on Wednesday chose a Wall Street attorney with experience in corporate mergers and public stock launches as his nominee to head the Securities and Exchange Commission.
Politics Nov 17 Could Trump weaken financial regulation in Dodd-Frank law? Now, as his transition team asserts itself, an all-out repeal of the 2010 Dodd-Frank law — Trump called it a "disaster" and a "disgrace" — seems unlikely. But experts foresee a gradual but potentially significant chipping away of key parts…
Economy Sep 29 Wells Fargo CEO faces lawmakers, apologizes again Wells Fargo's CEO, newly stripped of tens of millions in compensation, will face lawmakers with more defenses than he had in the last round.
Politics Sep 20 Where do the presidential candidates stand on Wall Street regulation? The 2008 financial crisis touched off the worst recession since the 1930s Great Depression. Reckless trading and aggressive practices on Wall Street in the prior boom years were pinned with much of the blame.
Politics Jan 13 House GOP majority aims to soften financial overhaul law WASHINGTON — The newly bulked-up Republican majority in the House is aiming to soften the bite of legislation that grew out of the 2008 financial crisis and put banks and Wall Street under the most sweeping rules since the Great…
Economy Aug 21 Bank of America to pay nearly $17 billion in settlement with Justice Department WASHINGTON — The Justice Department has announced a $16.65 billion settlement with Bank of America over its role in the sale of mortgage-backed securities in the run-up to the financial crisis.