Tag: Financial industry regulation
Senate OKs tough former regulator as market watchdog chief
WASHINGTON — The Senate has approved President Joe Biden’s choice of Gary Gensler to head the Securities and Exchange Commission, signaling an emphasis on...
Powell defends Fed’s consideration of climate change risks
WASHINGTON — Federal Reserve Chair Jerome Powell on Wednesday defended the Fed's increasing scrutiny of the threat that climate change could pose to the...
California re-opens enrollment for health insurance coverage
SACRAMENTO, Calif. — California on Monday re-opened enrollment for its state health insurance exchange, hoping more people will buy coverage now that the federal...
Genworth pulls plug on its acquisition by China Oceanwide
RICHMOND, Va. — Insurer Genworth Financial has pulled the plug on its long-delayed acquisition by a Chinese company.
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More than a half million Americans gain coverage under Biden
WASHINGTON — More than a half million Americans have taken advantage of the Biden administration's special health insurance sign-up window keyed to the COVID-19...
Cyprus kicks off new registry declaring true company owners
NICOSIA, Cyprus — A new digital registry obliging Cyprus-based companies to declare their true owners puts the east Mediterranean island nation in line with...
Budget writers derail plan seen as bailout for Hoeven’s bank
BISMARCK, N.D. — Budget writers in the Republican-controlled North Dakota House want to derail legislation to save a troubled shipping facility, after criticism that...
Millennial Money: Prepare for COVID medical bills this year
Testing and vaccination for the coronavirus is free thanks to laws passed last year. Treatment isn’t, however, and may be about to get more...
VW to seek damages from former executives for diesel scandal
BERLIN — Volkswagen is seeking damages from two former top executives for their role in the diesel emissions scandal that cost the German automaker...
Fed to end relaxed capital requirements for large banks
WASHINGTON — The Federal Reserve says it will restore capital requirements for large banks that were relaxed as part of the Fed’s efforts to...