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Obama to nominate Yellen as Bernanke successor

...considered a logical candidate for the chairmanship in part because of her expertise as an economist, her years as a top bank regulator and her experience in helping manage the Fed's polices. Her understanding of the financial system is widely respected...
National News
Pandit surprisingly steps down as Citigroup CEO

...White House have disputed his version of events.Pandit had another powerful opponent in Sheila Bair, an influential bank regulator who ran the Federal Deposit Insurance Corp. during the crisis. Bair wanted the government to fire Pandit after the...
Hightower: JP Morgan Chase CEO's punishment exacerbates income inequality

...walked away with his job intact, an $11.5 million wad in his pocket and a sly grin on his face. Many investors and bank regulators (not to mention us commoners) don't consider that level of "punishment" to be much of a deterrent to the kind...
Editorial / Columnists
AP IMPACT: Aggressive start for consumer bureau

...other side were Republican lawmakers and bank lobbyists who said the bureau would duplicate the efforts of existing bank regulators and the Federal Trade Commission.The bureau's champions - mainly Democrats and consumer advocates - won, and...
New rules for Wall Street must clear final hurdles

...hard-fought primary runoff largely by spotlighting her anti-Wall Street stance.The Obama administration and bank regulators, including Federal Reserve Chairman Ben Bernanke, have said her proposal goes too far. Advocates say it would limit...
Fed chairman wants bank rules eased

WASHINGTON (AP) - Federal Reserve Chairman Ben Bernanke said Monday that bank regulators should search for ways to reduce regulatory burdens imposed on the financial system in the government's efforts to battle terrorist...
Fed cracks down on mortgage lenders

...major question facing the Fed is how wide it will cast a net to prohibit certain mortgage practices. Unlike other bank regulators, the Fed has authority to target loan practices at both state and federally licensed lenders. But it likely cannot...
Bush proposes free yearly credit reports for consumers

...know the consequences of poor credit scores and how to raise those scores." Also, the Federal Trade Commission and bank regulators would be required to provide opt-out notices to consumers who do not want to receive prescreened credit offers.

...that would track bank customers' habits. By an 88-0 vote, the Senate expressed support for a measure directing bank regulators to drop the proposed rules, called ''Know Your Customer'' regulations. Senate Democrats blocked a vote on actual...
Banker's records reveal tax evasion by 1,500 Americans

...before Cayman authorities closed it in early 1995 and had it liquidated for serious irregularities. A senior Cayman bank regulator on Tuesday said the Guardian case is further evidence of the effectiveness of their "regulatory regime" and shows...