Kenneth Feinberg, the Obama administration's pay czar, announced Tuesday that he will cut 2010 salaries for top executives at five companies that received extraordinary bailout assistance from the government at the height of the financial crisis. The highest-paid…

Fed Chairman Ben Bernanke will defend the central bank's ability to oversee small and large banks alike in an appearance before the House Financial Services Committee Wednesday, according to prepared testimony. Bernanke's position takes on financial reform legislation unveiled…

Sen. Chris Dodd, D-Conn., unveiled a bill Monday to overhaul the U.S. financial system, proposing new powers for the Federal Reserve to oversee the nation's largest financial firms; a consumer protection agency housed within the Fed; and a new…

The Pentagon has thrown its hat into the ring over a new consumer protection agency. Politico reports Tuesday that military leaders want a consumer watchdog to oversee auto dealers and prevent them from making predatory sales to servicemembers. The…

As the Senate continues to debate financial reform, the issue of whether to create an independent consumer protection agency has become a key point of contention. In a special roundtable, experts weigh in on whether a new agency should be…

With the end of the health care battle finally in sight (Democrats are talking about getting a bill to the President's desk by some time in February), there is plenty of talk here in Washington among reporters, lawmakers and…

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