The fight over renewing the Export-Import Bank, a target of conservatives for cronyism and for benefitting Big Business, is a major fight within the GOP.
Federal authorities say they believe that some of the people suspected in last summer’s big online attack against JPMorgan Chase also turned to friends and acquaintances to further their ends.
For the life of me, I still can’t figure out what the big deal is.
Former Maryland Gov. Martin O'Malley (D) took a shot at Hillary Clinton for her "closeness with big banks on Wall Street" in an interview with New Hampshire radio station WKXL on Sunday. O'Malley has made Wall Street reform one of the cornerstones of his 2016 presidential campaign. Show More Summary
Big banks are signing on to an environmental pledge that kind of totally misses the point completely.
The D.C. Circuit has revived a challenge to the constitutionality of the Dodd-Frank Act. A small Texas bank, State National Bank of Big Spring, had challenged the constitutionality of the Wall Street Reform Act. It was joined by 11 states, who also took issue with the Act. Dod-Frank, you'll......
Two of the largest multinational banking institutions operating in London threatened to decamp for the more tax-friendly pastures of Luxembourg earlier this month, claiming that Great Britain’s heavy tax levies on banks were making it too costly to continue operating in the region. This time, the threat worked.
Rep. Joyce Beatty (D-Ohio) is a member of Congress. If there were a government agency that helped small businesses grow, create jobs, and expand U.S. exports abroad, would you support it? And, if this agency didn’t cost the federal government...Show More Summary
Bank of America Merrill Lynch’s ace technician Stephen Suttmeier is out with his big monthly chart book this weekend and he leads off with a pair worthy of our attention. The number of S&P 500 52-week lows that have piled up here at the midpoint of 2015 is not a good thing. Show More Summary
The Cleveland Cavaliers banked a big trade exception Sunday, dealing dormant center Brendan Haywood, Mike Miller and two future second-round picks to the Portland Trail Blazers for cash considerations. Adrian Wojnarowski of Yahoo Sports reported the news of the trade and the compensation Cleveland received in return. Show More Summary
Authored by Mark Spitznagel and Nassim Nicholas Taleb, originally posted at The NY Times, Before the crisis that started in 2007, both of us believed that the financial system was fragile and unsustainable, contrary to the near ubiquitous analyses at the time. Show More Summary
Social impact bonds have attracted liberals and conservatives, as well as big banks, but can they really fund education?
Startups looking to chip into big banks’ top lines have to employ more than entrepreneurs’ ingenuity in order to overthrow the old guard of Wall Street. Specifically, they’ve been snapping up executive talent from investment banks and lenders. Show More Summary
Paul Blumenthal, Huffington Post: In the early campaign money race for the 2016 presidential election, executives and employees of big bank institutions are lining up behind three candidates: Democrat Hillary Clinton and Republicans Jeb Bush and Marco Rubio. Show More Summary
The Wall Street Journal has a piece today urging Republicans not to resurrect the unnecessary cronyist subsidy for Big Business that is the Ex-Im Bank. Opponents have the better arguments on policy and politics. … Not that any of this will matter in Congress. Show More Summary
This week, the Consumer Financial Protection Bureau celebrates its fourth anniversary of protecting consumers from harmful practices and shady characters in the financial sector. But instead of buying the regulatory arm a big ol’ birthday...Show More Summary
WASHINGTON -- Sen. Ted Cruz (R-Texas) launched into a tirade on the corrupting role of lobbyists and campaign contributions in Washington during a Senate floor debate Friday about the reauthorization of the Export-Import Bank. “It’s not that this majority gets things done,” Cruz said. Show More Summary
You might never have heard of the Coral Triangle. Yet nearly 10% of the global fish supply comes from this bioregion, and much of this oceanic biodiversity is highly endangered or soon will be. Marine Protected Areas are a must, argues Belinda Waymouth, if the oceans are to truly recover from pollution, ocean acidification and rampant overfishing.
Mitch McConnell swears he totes opposed to saving the crony Ex-Im Bank. He's just making it possible for big government Republicans and Democrats to save it. The Majority Leader is pleased. I commend @SenateMajLdr for setting up a vote to...