Tag: Financial industry regulation
Senate confirms Brooks-LaSure to run health care programs
WASHINGTON — The Senate on Tuesday confirmed President Joe Biden’s pick to run U.S. health insurance programs, putting in place a key player who’ll...
As pandemic spread pain and panic, congressman chased profit
WASHINGTON — In the early days of the pandemic, New Jersey Rep. Tom Malinowski scolded those looking to capitalize on the once-in-a-century health crisis....
How to ease out of mortgage forbearance, avoid foreclosure
American homeowners were given more opportunity to hit pause on their mortgage payments because of the financial ravages of the pandemic, but that relief...
Biden reverses Trump changes to bank antidiscrimination law
NEW YORK — The Biden administration announced Tuesday it would repeal the changes made by the Trump administration to an important law made to...
UK boosts adult education in post-COVID legislative program
LONDON — The British government plans to expand student loan programs to give all adults access to four years of university or job training...
Liz Weston: You may be entitled to free health insurance now
The latest coronavirus relief package did more than dole out $1,400 checks. The law also made health insurance free for millions more people and...
Yellen picks top Fed banking regulator as acting comptroller
WASHINGTON — Michael J. Hsu, a top banking regulator at the Federal Reserve, was appointed by Treasury Secretary Janet Yellen on Friday as acting...
Insurer AXA halts ransomware crime reimbursement in France
BOSTON — In an apparent industry first, the global insurance company AXA said Thursday it will stop writing cyber-insurance policies in France that reimburse...
Democrats seek narrow path to rein in cost of medicines
WASHINGTON — President Joe Biden’s call for authorizing Medicare to negotiate lower prescription drug prices has energized Democrats on a politically popular idea they've...
Beijing warns fintech firms against anti-monopoly behavior
HONG KONG — Chinese financial regulators have summoned 13 companies engaged in online finance services, including Tencent and Bytedance, and told them to strengthen...