SEC official sees 'logic and efficiency' with merger
Market watchdog would work together well with Commodity Futures Trading Commission even without merger, chair says.
Panel says Fed should monitor systemic risk
Group favors that approach over one where federal regulators would share duties through a council.
Witnesses call for new financial risk regulator
Treasury chief says entity would fill "a significant void" in the current system.
Oversight board: Treasury overpaid $78 billion for bank stocks
Official faults former Treasury Secretary Henry Paulson for using a uniform standard in pricing stocks across the board, rather than pricing for risk according to each institution.
Witness to describe SEC's 'abject failure' in Madoff case
Boston-based investor turned fraud investigator says he tried to alert agency officials to the Ponzi scheme.
Senator reveals ideas for tougher TARP oversight
Under consideration is a stipulation that firms receiving program funds return to the government any executive bonuses paid out since the initiative began.
Senate votes to allow release of TARP funds
Obama promises greater transparency in order to get bill passed.
IG: Madoff probe could delve into SEC operations
Madoff's reputation may have caused agency examiners to eschew a more thorough review.
Obama's HUD nominee draws praise from all sides
Advocacy groups, legislators welcome Shaun Donovan.
White House suggests it might use TARP funds for auto makers
The Bush administration is motivated by fear that a bankruptcy filing by at least one of the Big Three could reverberate throughout the economy.
Treasury official vows to beef up oversight of bailout funds
Neel Kashkari tells lawmakers the department will set up a monitoring program with banking regulators to better track how rescue money is being spent.
Consumer group to lead fight for financial product safety agency
New commission would oversee offerings of such items as home mortgages, credit cards and car loans.
Frank, Obama call for better oversight of bailout funding
Comments come after an audit report urges Treasury to work more closely with regulators.
Treasury official urges patience on rescue fund
The Bush administration has been reluctant to send rescue funds to companies not in the financial services field.
Senate sends economic rescue bill to the House
Leaders hope add-ons including extensions of tax breaks will assuage opposition.
Senate expected to pass $700 billion proposal with ease
The revised bill would raise FDIC coverage amounts from $100,000 to $250,000 for one year.
Lawmakers propose government entity to steady financial sector
Agency could take after the Resolution Trust Corp., created to help with the 1980s savings and loan crisis, or the 1932 Reconstruction Finance Corporation.
Veto threat issued against House terrorism insurance bill
White House argues the program, which was constructed in the aftermath of the Sept. 11, 2001, terrorist attacks, should be phased out in the near future.
Terrorism risk insurance bill faces budget obstacles
Measure to reauthorize and expand program for 15 years comes with possible price tag of $3.7 billion over a five-year period and $10.4 billion over 10 years.
House lawmakers unveil bill to change coin composition
Measure would allow the Treasury Department to save money through using less expensive materials.
Do Not Sell My Personal Information
When you visit our website, we store cookies on your browser to collect information. The information collected might relate to you, your preferences or your device, and is mostly used to make the site work as you expect it to and to provide a more personalized web experience. However, you can choose not to allow certain types of cookies, which may impact your experience of the site and the services we are able to offer. Click on the different category headings to find out more and change our default settings according to your preference. You cannot opt-out of our First Party Strictly Necessary Cookies as they are deployed in order to ensure the proper functioning of our website (such as prompting the cookie banner and remembering your settings, to log into your account, to redirect you when you log out, etc.). For more information about the First and Third Party Cookies used please follow this link.
Manage Consent Preferences
Strictly Necessary Cookies - Always Active
We do not allow you to opt-out of our certain cookies, as they are necessary to ensure the proper functioning of our website (such as prompting our cookie banner and remembering your privacy choices) and/or to monitor site performance. These cookies are not used in a way that constitutes a “sale” of your data under the CCPA. You can set your browser to block or alert you about these cookies, but some parts of the site will not work as intended if you do so. You can usually find these settings in the Options or Preferences menu of your browser. Visit www.allaboutcookies.org to learn more.
Sale of Personal Data, Targeting & Social Media Cookies
Under the California Consumer Privacy Act, you have the right to opt-out of the sale of your personal information to third parties. These cookies collect information for analytics and to personalize your experience with targeted ads. You may exercise your right to opt out of the sale of personal information by using this toggle switch. If you opt out we will not be able to offer you personalised ads and will not hand over your personal information to any third parties. Additionally, you may contact our legal department for further clarification about your rights as a California consumer by using this Exercise My Rights link
If you have enabled privacy controls on your browser (such as a plugin), we have to take that as a valid request to opt-out. Therefore we would not be able to track your activity through the web. This may affect our ability to personalize ads according to your preferences.
Targeting cookies may be set through our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites. They do not store directly personal information, but are based on uniquely identifying your browser and internet device. If you do not allow these cookies, you will experience less targeted advertising.
Social media cookies are set by a range of social media services that we have added to the site to enable you to share our content with your friends and networks. They are capable of tracking your browser across other sites and building up a profile of your interests. This may impact the content and messages you see on other websites you visit. If you do not allow these cookies you may not be able to use or see these sharing tools.
If you want to opt out of all of our lead reports and lists, please submit a privacy request at our Do Not Sell page.
Cookie List
A cookie is a small piece of data (text file) that a website – when visited by a user – asks your browser to store on your device in order to remember information about you, such as your language preference or login information. Those cookies are set by us and called first-party cookies. We also use third-party cookies – which are cookies from a domain different than the domain of the website you are visiting – for our advertising and marketing efforts. More specifically, we use cookies and other tracking technologies for the following purposes:
Strictly Necessary Cookies
We do not allow you to opt-out of our certain cookies, as they are necessary to ensure the proper functioning of our website (such as prompting our cookie banner and remembering your privacy choices) and/or to monitor site performance. These cookies are not used in a way that constitutes a “sale” of your data under the CCPA. You can set your browser to block or alert you about these cookies, but some parts of the site will not work as intended if you do so. You can usually find these settings in the Options or Preferences menu of your browser. Visit www.allaboutcookies.org to learn more.
Functional Cookies
We do not allow you to opt-out of our certain cookies, as they are necessary to ensure the proper functioning of our website (such as prompting our cookie banner and remembering your privacy choices) and/or to monitor site performance. These cookies are not used in a way that constitutes a “sale” of your data under the CCPA. You can set your browser to block or alert you about these cookies, but some parts of the site will not work as intended if you do so. You can usually find these settings in the Options or Preferences menu of your browser. Visit www.allaboutcookies.org to learn more.
Performance Cookies
We do not allow you to opt-out of our certain cookies, as they are necessary to ensure the proper functioning of our website (such as prompting our cookie banner and remembering your privacy choices) and/or to monitor site performance. These cookies are not used in a way that constitutes a “sale” of your data under the CCPA. You can set your browser to block or alert you about these cookies, but some parts of the site will not work as intended if you do so. You can usually find these settings in the Options or Preferences menu of your browser. Visit www.allaboutcookies.org to learn more.
Sale of Personal Data
We also use cookies to personalize your experience on our websites, including by determining the most relevant content and advertisements to show you, and to monitor site traffic and performance, so that we may improve our websites and your experience. You may opt out of our use of such cookies (and the associated “sale” of your Personal Information) by using this toggle switch. You will still see some advertising, regardless of your selection. Because we do not track you across different devices, browsers and GEMG properties, your selection will take effect only on this browser, this device and this website.
Social Media Cookies
We also use cookies to personalize your experience on our websites, including by determining the most relevant content and advertisements to show you, and to monitor site traffic and performance, so that we may improve our websites and your experience. You may opt out of our use of such cookies (and the associated “sale” of your Personal Information) by using this toggle switch. You will still see some advertising, regardless of your selection. Because we do not track you across different devices, browsers and GEMG properties, your selection will take effect only on this browser, this device and this website.
Targeting Cookies
We also use cookies to personalize your experience on our websites, including by determining the most relevant content and advertisements to show you, and to monitor site traffic and performance, so that we may improve our websites and your experience. You may opt out of our use of such cookies (and the associated “sale” of your Personal Information) by using this toggle switch. You will still see some advertising, regardless of your selection. Because we do not track you across different devices, browsers and GEMG properties, your selection will take effect only on this browser, this device and this website.
Help us tailor content specifically for you: