Treasury Secretary Jack Lew is confident Dodd-Frank ended “too big to fail,” but he can’t prove it.
Treasury Secretary Jack Lew will tout the Dodd-Frank financial reform law in a broad policy speech in Washington on Thursday and will call for international reforms to prevent banks from leveraging one nation's financial system against others.
The House voted Wednesday to amend the Dodd-Frank financial reform law with the help of 36 Democrats, even though the White House has threatened to veto the bill.
A trio of financial industry groups have filed a lawsuit against the Commodity Futures Trading Commission, pushing back against new rules aimed at cracking down on derivatives abroad.
Her letter comes one day after a think tank criticized her preferred policies.
The European Union has fined two American banks and other global financial giants more than $2 billion over the Libor rate fixing scandal.
A top House Democrat is second-guessing the priorities of the Securities and Exchange Commission.
The “visceral hatred of Wall Street” from some liberals is “counterproductive,” according to Sen. Chuck Schumer (D-N.Y.).
Small banks warn Congress that mounting regulations could force them out of business.
The heads of the nation’s biggest companies are pushing back against a financial rule that would require them to disclose how much more money they make than their employees.